Learn about the mandatory continuing education requirements for insurance professionals, essential for renewing your insurance license. Understand the stipulated hours and state enforcement.
Learn what a nonadmitted insurer is, how they operate without proper licensing in certain jurisdictions, and what this means for policyholders looking for insurance coverage.
Learn about market conduct in the insurance industry, encompassing sales, marketing, and product issuance, ensuring compliance with laws and regulations.
Learn about the Unfair Trade Practices law in insurance, which exists at the state level to prevent unfair or deceptive practices by insurance companies.
Learn the importance and details of an annual statement in general insurance terms, a mandatory financial report submitted by insurers to state insurance departments.
Learn about legal reserve life insurance companies, which maintain reserves as mandated by local laws to ensure financial stability and compliance.
Understanding what an admitted company is and how it is licensed to provide insurance in a particular state. Learn the regulations and benefits of choosing an admitted insurance provider.
