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How is the insurance industry regulated?

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The insurance industry has some federal regulations, but the federal govenment cedes most control to the state insurance commissions, each state has one and they regulate a companies and agents in that state and all companies and agents who do business in that state. These commissions are who you would report it to if you suspected a company of illegal actions.
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Why regulate It industry?

  To regulate the market structure and get rid of unfair competition to regulate the prices to prevent piracy to provide security yo the players=

What type of regulation or law for fraud cases in insurance industries?

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Is it true that health insurance is federally regulated industry?

Yes and no. Traditionally health insurance is regulated at the state level. The recent healthcare legislation is adding federal regulations. Additionally, there are some feder

How are car insurance groups regulated?

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