McCarran-Ferguson Act

Statute United States · 1945

The McCarran-Ferguson Act is the 1945 US statute that delegated the regulation of insurance to the states and exempted the business of insurance from most federal law where a state already regulates it. It is the reason the United States has no federal insurance regulator, fifty separate insurance departments, and nothing resembling PSD2, the CFPB's 1033 rule, or the 21st Century Cures Act for insurance data.

Sectoral regime. It binds the industries below; companies outside them generally fall outside it.

Countries

Where this binds. Each links to the providers apis.io has catalogued there.

united states

Regions

north america

Industries

Each links to that industry as a scored cohort — so the question "how ready is this sector for the regime that governs it?" becomes one you can actually look at.

insurance

Implemented by these standards

A regulation is the law; a standard is the machine-readable contract that satisfies it. Almost every regime in this catalog restricts an interface rather than requiring one — where a standard exists, it is the part a provider can actually publish.

ACORD

Read the full profile on API Evangelist → Primary source All regulations