Explore the concept of open rating in general insurance, where insurers use state-allowed rates that were not previously approved. Learn how this system impacts policy pricing.
Learn about nonadmitted assets in general insurance, which are assets not qualified to be listed on insurance statements due to not meeting state requirements. Discover examples like furniture and fixtures.
Understand the significance of an insurance license, a state-issued document that authorizes individuals to operate as agents or insurers in the general insurance domain.
Explore the concept of statutory reserve in general insurance, a legally required reserve to ensure the financial stability and integrity of insurance providers.
Learn about legal reserve life insurance companies, which maintain reserves as mandated by local laws to ensure financial stability and compliance.
Learn about the Certificate of Authority in health insurance, a state-issued certificate crucial for the licensing and operation of health maintenance organizations.
Discover the critical role of Insurance Departments in enforcing insurance laws, licensing professionals, and regulatory oversight in the U.S. and Canada.
Learn about the role and essential responsibilities of a registered representative in the securities industry, along with the legal requirements to become one.
Learn about the Rehabilitation of Insurers, a regulatory process aimed at restoring financially troubled insurers to solvency. Explore the steps involved and its significance in the insurance industry.
Learn about Commissioner's Values, a crucial list of securities' values published annually by the National Association of Insurance Commissioners, used for insurance company balance sheets.
