Underwriting – Deciding Who Gets What and How Much Will It Cost
Underwriting – Deciding Who Gets What and How Much Will It CostAssociation of Insurance Compliance Professionals
The world of underwriting is highly regulated and monitored. Essential to consumer protection and compliance with the laws and regulations in all states and D.C., insurance companies perform periodic examinations of their producers, third party administrators and managing general agents to review their conformity to underwriting guidelines and state requirements, knowing the repercussions of an insurance department examination that finds non-compliance. This podcast will examine the regulations governing the underwriting of policies, the types of proactive measures taken by insurance companies to ensure compliance, and the difficulties faced by companies that fail to ensure compliance.
Featuring: Dominic Serratore, Westmont Associates, Inc.
Lee Davidson, Sr. Vice President, Berkley Accident and Health
07/26/21 • 37 min
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