Final answer:
Paul vs. Virginia was a Supreme Court case that confirmed the authority of states to regulate insurance and established the principle that insurance contracts were subject to state regulation.
Step-by-step explanation:
Paul vs. Virginia was a landmark Supreme Court case that was decided in 1869. In this case, the Court ruled that states had the power to regulate insurance companies and that insurance contracts could be considered interstate commerce. This decision confirmed the authority of states to regulate insurance within their borders and established the principle that insurance contracts were subject to state regulation.