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Author Question: Which of the following is an advantage of federal regulation of insurance over state regulation of ... (Read 59 times)

anjilletteb

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on: Jul 11, 2018
Which of the following is an advantage of federal regulation of insurance over state regulation of insurance?
 
  A) greater opportunity for innovation
  B) more effective treatment of systemic risk
  C) greater responsiveness to local needs
  D) more competent regulators

Question 2

Which of the following is a principal method of ensuring the solvency of insurers?
 
  A) requiring submission of annual financial statements to state regulators
  B) tracking and investigating market conduct complaints against insurers
  C) disciplining agents of the insurer for illegal sales practices
  D) regulating the forms (applications and policies) employed by the insurer


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batool

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Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: B

Answer to Question 2

Answer: A


anjilletteb

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Reply 2 on: Jul 11, 2018
YES! Correct, THANKS for helping me on my review

31809pancho

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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