> it was the Commerce Clause powers that enabled Congress to pass the referenced law
No, I don't think so. The Commerce Clause gives Congress the power to regulate insurance. McCarran-Ferguson is Congress explicitly delegating insurance regulation to the states. Delegating regulation to the states is not a power derived from the Congress clause.
IANAL and I'm not sure exactly what the legal theory underpinning McCarran-Ferguson is. I believe it's probably an implied power.
> that word choice just seems out of place
Maybe abdicate isn't the best word choice, but what I was trying to impart is that when the SCOTUS decided that insurance does indeed fall under the purview of Federal law by way of the Commerce Clause, that Congress had to explicitly say that "Federal law does NOT apply to insurance." That's a sort of abdication to me:
SCOTUS: Hey Congress, it's your job to regulate insurance per the Commerce Clause. That means things like the Sherman Act apply to insurance too.
Congress: Oh, we don't want that. Let's pass McCarran-Ferguson to exempt insurance from Federal law so that the states can regulate it as they see fit.
No, I don't think so. The Commerce Clause gives Congress the power to regulate insurance. McCarran-Ferguson is Congress explicitly delegating insurance regulation to the states. Delegating regulation to the states is not a power derived from the Congress clause.
IANAL and I'm not sure exactly what the legal theory underpinning McCarran-Ferguson is. I believe it's probably an implied power.
> that word choice just seems out of place
Maybe abdicate isn't the best word choice, but what I was trying to impart is that when the SCOTUS decided that insurance does indeed fall under the purview of Federal law by way of the Commerce Clause, that Congress had to explicitly say that "Federal law does NOT apply to insurance." That's a sort of abdication to me:
SCOTUS: Hey Congress, it's your job to regulate insurance per the Commerce Clause. That means things like the Sherman Act apply to insurance too.
Congress: Oh, we don't want that. Let's pass McCarran-Ferguson to exempt insurance from Federal law so that the states can regulate it as they see fit.