Congress later adopted and proposed a much broader bill.

Congress later adopted and proposed a much broader bill.

It respected, because it formerly had, the necessity to accommodate federal antitrust regulations and state legislation of insurance coverage. See H. Rep. No. 143, 79th Cong., first Sess., 3 (1945). But inaddition it recognized that your choice in South-Eastern Underwriters Association had raised concerns as to the validity that is general of guidelines governing the business of insurance coverage. Some insurance coverage companies had been reluctant to conform to state authority that is regulatory fearing obligation with their actions. Continue reading “Congress later adopted and proposed a much broader bill.”