Labels:book | reckoner | sky OCR: prior law): United Savings Ass'n of Inwood Associates Ltd. 484 U.S. 380 (1988} (maj jor change in existing rules not likely t0 have been made without specific provi sion in the text D the statute): Watt Alaska 451 1.5 259 271 n.13 {1981} almost inconceivable that Congress know- ingly have changed substantially longstanding 0f mula for distribution af substantial funds without word comnent" In keeping with that established rule of statutory interpreta- tion, this Court has been unw villing construe federal tatute undermine the federal policy that insurance regulation wjll be left to the State the Court explained in Variable hnuuy Ca. We start with reluctance to disturb the state regulatory schemes that are actual effect, either displacing them superimposing federal quirements on transaction ...
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