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- Title
BANK HOLDING COMPANIES--AUTHORITY TO SELL INSURANCE.
- Abstract
Discusses a ruling by a U.S. federal Court of Appeals on a decision of the U.S. Federal Reserve Board to allow Commerce Bancshares Inc. and Mercantile Bancorporation Inc. to sell casualty and liability insurance. Arguments raised by the Independent Insurance Agents of America; Decision of the court on practices involving conflict of interest between between bank employees and customers; Opinion on reliance on the commitments by bank holding companies.
- Subjects
UNITED States; LEGAL judgments; INSURANCE marketing; UNITED States. Federal Reserve Board; COMMERCE Bancshares Inc.; MERCANTILE Bancorporation Inc.
- Publication
Journal of Insurance Regulation, 1985, Vol 3, Issue 4, p464
- ISSN
0736-248X
- Publication type
Article