Learn about controlled business in the insurance sector, where policies are sold to family and friends. Understand state limitations and its implications.
Learn what embezzlement means in legal terms. Find out how the illegal use of funds or property entrusted to someone's care is defined and what legal implications it carries.
Learn about return commission in general insurance, a situation where a portion of the commission is returned if a policy is cancelled before the entire premium is earned.
Learn about the concept of discrimination in general insurance terms. Discover why the law prohibits the refusal to insure individuals with the same characteristics as others who have been insured.
