The non-financial regulatory actuites of the state department of insurance are know as?

Question

1 Insurance ethics
2 Market conduct
3 Insuance regulation
4. Market competition

Answer 1

2. Market conduct

Market conduct has to do with how the insurers operate with their customers and claimants.

Answer 2

I think it depend on the contents of non financial regulatoryit will be classified into insurance ethic,market conduct or market competition.
Insurance regulation is made by the state department of insurance to regulate the insurance business.Insurance affairs should be regulated by the government in order to protect the insured people or companies.Insurance company can not do everything to harm the interest of the insured people/companies
as the benefeciary.

Answer 3

Look it up in your insurance book. :)