New Jersey Life Producer Exam Version 1 Questions

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Question 1 of 5

The McCarran-Ferguson Act was passed by Congress to

A. redefine the authority of state and federal governments to regulate the insurance industry.

B. redefine the authority of insurance companies to issue policies.

C. establish that the regulation of insurance company advertising lies solely within the jurisdiction of the Federal Communications Commission (FCC).

D. establish that the process of transacting insurance is not interstate commerce.

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