In its letter to the IRS, the NCOIL claimed these regulations are in violation of the McCarran-Ferguson Doctrine. Photo: Deemerwha studio/Shutterstock.
The National Council of Insurance Legislators (NCOIL) announced June 27 that it had submitted a comment letter to the Internal Revenue Service (IRS) denouncing proposed changes to Section 831(b) of the U.S. Tax Code.
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