Labels:bird | book | reckoner | sky OCR: Account. which consists af al] j its general corporate assets have historically been subject solely to state regulation, in accordance with the basic federal policy set forth in the McCarran -Ferguson Act. 15 U.S.C. 1011 et seq {1988 + Supp 1991) {PA that the regulation of the business of insurance be left to the States. State law requires that insurers deal fairly and equitably and ina nondiscriminatory manner with policyholders. including pension plan policyholders. ERISA on the other hand requires that fiduciary discharge his duties with regard to pension plan solely in the interest and for the exclusive purpose providing benefits plan's participants. ERISA 404a} 29 U.S.C. 1104{a (1988 Supp 1991) (PA -94) the Circuit's ruling is upheld, the General Account operations of insurer will be ...
(.png)
