Fundamentals of Insurance Regulation : The Rules and the Rationale

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Title: Fundamentals of Insurance Regulation : The Rules and the Rationale
Description: For ease of reference, each of the 13 chapters in Fundamentals of Insurance Regulation begins with an introduction or overview that previews the material covered in the chapter. The authors examine and explain these overarching aspects of insurance regulation:The three major components of the insurance business: the property/ casualty industry, the life insurance and annuity industry, and the increasingly important health insurance industryAn overview of the U.S. insurance regulatory system, outlining its objectives, what products it covers, how and by whom regulatory policy is formulated, and a synopsis of the major subject areas of insurance regulation. The rules that govern a specific area of state insurance regulation, including: the organization and licensing of insurance companies; rate-setting; solvency regulations and the mechanisms involved when the regulations don't work; reinsurance; surplus lines; residual and alternative markets; insurance agents and other intermediaries; and devices to protect the consumerFederal rules and the interaction between federal and state insurance law and regulation, including the McCarron-Ferguson Act, Dodd-Frank, and Gramm-Leach-Bliley
Authors: Raymond A. Guenter, Elisabeth Ditomassi
Resource Type: eBook.
Subjects: Insurance--State supervision--United States
Categories: LAW / Insurance, LAW / Business & Financial
Database: eBook Collection (EBSCOhost)
Description
Abstract:For ease of reference, each of the 13 chapters in Fundamentals of Insurance Regulation begins with an introduction or overview that previews the material covered in the chapter. The authors examine and explain these overarching aspects of insurance regulation:The three major components of the insurance business: the property/ casualty industry, the life insurance and annuity industry, and the increasingly important health insurance industryAn overview of the U.S. insurance regulatory system, outlining its objectives, what products it covers, how and by whom regulatory policy is formulated, and a synopsis of the major subject areas of insurance regulation. The rules that govern a specific area of state insurance regulation, including: the organization and licensing of insurance companies; rate-setting; solvency regulations and the mechanisms involved when the regulations don't work; reinsurance; surplus lines; residual and alternative markets; insurance agents and other intermediaries; and devices to protect the consumerFederal rules and the interaction between federal and state insurance law and regulation, including the McCarron-Ferguson Act, Dodd-Frank, and Gramm-Leach-Bliley
ISBN:9781634256889
9781634256896