Labels:book | reckoner | sky | tree OCR: General Arcount activitics that have long been subject exclusively state laws and regulations. S the State of New has noted the changes required by the Second Circuit's decision will interfere with the nondiscriminatory treatment policyholders and contractholders required ty State law; will interfere with the State's ability ensure the financial stability insurance companies operating in the State: and will severely impair the admin- istration of the insurance laws by insurance regulators NYS Brief at 3 Because imposes ERISA fiduciary requirements on an in- surer's administration and management of its General Account assets, the Second Circuit' construction of ERISA impairs and supersedes state regulation T0 the business of insurance in its viola- con- tion of the MeCarran- Ferguson Act. F ...
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