Regulatory Compliance

Understanding Tariff Rates in General Insurance
Learn about tariff rates in general insurance, which are derived from the data in the tariff of rates and set forth by a rating organization.
Market Conduct Examination in Insurance: Purpose and Process
Learn about market conduct examinations conducted by state insurance departments to evaluate insurer practices and ensure compliant operations within the state.
Insurance Examiner: Essential Role in Auditing and Oversight
Learn about the role of an Insurance Examiner, who administers the examining and auditing of insurers as a representative of the state's insurance department.
Nonadmitted Reinsurance: Understanding Unlicensed Reinsurance Practices
Learn about nonadmitted reinsurance, its implications for ceding companies, and the importance of licensing in the jurisdiction where the business is conducted.
Statutory Accounting Principles (SAP) in Insurance
Learn about Statutory Accounting Principles (SAP), the legally mandated principles insurers must follow when preparing financial statements for state insurance departments.
Tontine Policy: Historical Life Insurance Explained
Discover the history and illegality of Tontine Policies in life insurance. Learn how these policies worked by paying dividends to surviving policyholders and why they were discontinued.
License and Permit Bonds (Surety): Essential Coverage for Compliance
Understand the importance of license and permit bonds, mandated by governing jurisdictions to ensure compliance in various occupations, such as plumbers.
Nonresident Agent: Definition and Role in Insurance
Learn about the role and requirements of a nonresident agent in the insurance industry, including licensing and state-specific regulations.