How does insurance regulation protect consumers?

Related FAQs

What is the purpose of the Insurance Act in regulating the insurance industry?
What is the role of the insurance market in society?
How is the insurance industry's reserves calculated?
How does the government ensure consumer protection in the insurance industry?
What do insurance regulators do?
What is the purpose of customer service regulation in the insurance industry?
Is there a maximum amount of premium that can be charged by an insurance company?
Who regulates the sale of insurance products?
What is the difference between primary and excess insurance?
What is the role of the National Association of Insurance Commissioners (NAIC)?

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