• (p8) - ¹⁸Dating as far back as 1991, Roy Woodall – the former independent member of the Financial Stability Oversight Counsel with Insurance Expertise – warned that “national regulation of insurance is the culmination of a state supported regulatory scheme whereby a select few insurance regulators are able to engineer methods by which the NAIC can usurp legislative and judicial powers of the states by expending existing NAIC regulatory vehicles to impose illegal and unconstitutional regulatory jurisdiction and requirements upon the insurance industry in all fifty states – without the benefits of any state or federal oversight or legislative action.”
  
  • S. Roy Woodall, Jr., The NAIC and “National Regulation,” Editorial, National Association of Life Companies Newsletter (1991). - <WishList>

2018 - LR - Is U.S. Insurance Regulation Unconstitutional?, by Daniel Schwarcz - 67p