FL Insurance

Insurance Regulation and Consumer Protection

Overview

Initially unregulated, the U.S. insurance industry saw unethical practices at the expense of policyholders. Over time, it evolved with checks and balances. This course covers the history of insurance regulation, key legislative acts, consumer protection, and the importance of ethical business practices for producers.

Summary Details

Hours

5.0

Price

$14.95







Learning Objectives

  • describe the various court cases that have influenced how insurance is marketed and sold in the United States
  • describe the role of the National Association of Insurance Commissioners in regulating the insurance industry and why it issues model laws and regulations
  • distinguish the difference between legal and ethical behaviors
  • understand the types of activities that are considered unfair trade practices
  • explain the duties an insurer owes to policyholders during the claims settlement process


Designed For:

Insurance professionals at any level of their career

Repetition Rule: The Florida DOFS does not permit agents to repeat the same course within 2 years of the original completion date.

This course has been approved by the Florida Department of Financial Services for insurance continuing education.

Provider of Record: WebCE
Provider Number: 364621


Course Information

Adding additional credit may change exam requirements.

Access Period: 12 months
Prerequisites: None
Delivery Method: Self-Study
PDF Download: Not Available
Course Approval Number: 87451
Provider of Record: WebCE
Provider Number: 364621
Last Reviewed: October 2024
Study Level: Intermediate
Approved For: 214, 215, 216, 218, 220, 240, 410, 440

Exam

Proctor: No
Passing Grade: 70
Questions: 30



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