Insurance Regulation Fundamentals
Why you need this course:
The business of insurance is largely regulated by the states. Insurance regulations control the way that insurance organizations operate and protect consumers against an insurer’s insolvency and unfair dealings.
Upon successful completion of all five modules in this course, you should be able to:
- Explain how insurance regulation protects consumers, contributes to maintaining insurer solvency, and assists in preventing destructive competition.
- Identify the regulatory activities of state insurance departments and the duties typically performed by state insurance commissioners.
- Describe the methods that regulators use to ensure the solvency of insurers and identify the challenges of insurer solvency regulation.
- Describe the market conduct areas in insurance that are regulated, and explain how these regulations operate.
- Identify organizations that act as unofficial regulators in insurance, and explain how these organizations affect insurance activities.
Modules can be studied in any order you choose.
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