apr 11, 1945 - McCarran-Ferguson Act
Description:
Federal Gov't decides it is the state's job to regulate insurance. no federal standards. means there are many differences between policies. the dominant company tries to get a monopoly over the state and flood the state capital with lobbyists and money to prevent any competition from enteringAdded to timeline:
Date:
apr 11, 1945
Now
~ 80 years ago