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In the 1930s, very little regulation existed, resulting in suspect business practices, charlatans engaged in underwriting and claims, and there were woeful financial controls. (Photo: iStock)

It’s June 1944. General Dwight D. Eisenhower is in the final planning stages of launching the largest sea-borne invasion in the history of the world. As he confers with his staff and the staff of the Allied forces, and the men prepare for battle on the beaches of Normandy — the United States Supreme Court is in the act of determining policy that will shape the insurance industry for generations.

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