Which of the following is not a state goal in regulating insurance?
A)To assure the availability of coverage for citizens of the state.
B)To maintain and promote competition.
C)To monitor the solvency of insurers.
D)To protect the insurer.

Question

Quizplus · Accepted Answer

The state's goal in regulating insurance is not to protect the insurer. Rather, it is to protect consumers and ensure the industry operates in a reasonable and fair manner.

Which of the Following Is Not a State Goal in Regulating