Market conduct
Term · Insurance and risk management · MLC-T-INS-002129
The manner in which insurance companies and their agents interact with policyholders and the public, encompassing sales practices, advertising, underwriting, policy issuance, and claims handling. Regulatory bodies monitor market conduct to protect consumers from unfair or deceptive practices. State insurance departments in the United States conduct examinations to assess compliance with market conduct regulations.
| Identifier | MLC-T-INS-002129 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-002129",
"term": "Market conduct",
"field": "Insurance and risk management",
"definition": "The manner in which insurance companies and their agents interact with policyholders and the public, encompassing sales practices, advertising, underwriting, policy issuance, and claims handling. Regulatory bodies monitor market conduct to protect consumers from unfair or deceptive practices. State insurance departments in the United States conduct examinations to assess compliance with market conduct regulations.",
"url": "https://mlchart.com/terminology/insurance/market-conduct/"
}
Record 2,105 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.