. State Regulation of Insurance Primary Authority: Insurance is primarily regulated by individual states under the McCarran-Ferguson Act of 1945, which grants states the authority to regulate the ins...
Types of Life Insurance in the U.S. Term Life Insurance: Provides coverage for a specific period (e.g., 10, 20, or 30 years). Pays a death benefit only if the insured dies during the term. Generally t...
Why Health Insurance is the Most Popular Topic: Affordable Care Act (ACA): Ongoing debates about the ACA (Obamacare), including enrollment, subsidies, and potential reforms. Rising Healthcare Costs: C...
1. State Farm Founded: 1922 Headquarters: Bloomington, Illinois Market Share: Largest auto and home insurer in the U.S. Key Products: Auto, home, life, health, and business insurance. Financial...