How is the insurance industry regulated?

Related FAQs

How does insurance regulation protect consumers?
What are the consumer protections afforded by insurance regulation?
Is there a maximum amount of premium that can be charged by an insurance company?
What are the different types of insurance regulation?
Who is responsible for setting insurance rates?
How do insurers assess the risk of providing certain types of insurance?
What are the benefits and drawbacks of having an insurance policy?
What is the role of the Department of Insurance in setting and enforcing regulations?
Is the insurance industry subject to taxation?
How does the insurance industry use actuarial science to evaluate risk?

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