What is the role of the insurance market in society?

Related FAQs

How does insurance regulation affect consumers?
What is the difference between term and permanent insurance policies?
What is the difference between admitted and non-admitted insurance companies?
What is the difference between captive and excess insurance?
What is the purpose of the Fair Credit Reporting Act in insurance regulation?
How do insurers calculate the appropriate premium for a policy?
What are the requirements for a company to be certified as an insurance provider?
Are there any restrictions on how much insurance companies can charge for their policies?
Who is responsible for setting insurance rates?
How are insurance companies regulated in different countries?

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