Solved

The Purpose of the Financial Analysis Solvency Tracking (FAST)system Employed

Question 46

Multiple Choice

The purpose of the Financial Analysis Solvency Tracking (FAST) system employed by the NAIC is to


A) prioritize insurance companies for additional regulatory action.
B) quicken the approval of rates in prior approval states.
C) speed-up the claims settlement process for insurers charged with delaying claims payments.
D) quickly address market conduct complaints by consumers.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents