User Account

All Pages

Describe the main participants in the insurance market

Assignment Help Other Subject
Reference no: EM131256535

New Employee Orientation

Assume you are the Human Resources Manager for a large insurance company and you are responsible for creating a PowerPoint presentation for new employees of the company. Your boss wants a presentation that will give an overview of the insurance market, how the economy plays a role in the business, and issues surrounding insurance regulations. Your presentation must address the following objectives:

1- Describe the main participants in the insurance market.

2- Explain how the economic theory of supply and demand applies to the insurance market.

3- Describe how the courts, the law, and the insurance commissioner provide consumer protection in the insurance market.

4- Define the term regulation and give four reasons why the insurance industry and the insurance transaction are comprehensively regulated.

5- Identify the important landmarks in the history of insurance regulation.

6- Explain the role the National Association of Insurance Commissioners plays in insurance regulation.

7- Describe the regulatory activities of state insurance departments, including solvency regulation, rate regulation, investment regulation, and regulation of agents and company officers.

Reference no: EM131256535

Questions Cloud

What theories of effective leadership : What theories of effective leadership would help explain why you might believe this individual is the "best leader" you have been exposed to
Verbal and non-verbal communication skills : In a minimum of 250 words, prepare a script that you would use to approach yourself in aconversation as if you are a new potential client. What verbal and non-verbal communication skills would grab your attention and make you want to respond.
When does rate of inflation become a problem in the economy : When does rate of inflation become a problem in the economy? Why do policymakers need to tame inflation (deflation) in order to stabilize prices?
List the steps in the production process : List the steps in the production process, beginning with purchasing ingredients, and ending with the sale, and state how quality can be positively affected at each step (control).
Describe the main participants in the insurance market : Describe the main participants in the insurance market. Explain how the economic theory of supply and demand applies to the insurance market. Describe how the courts, the law, and the insurance commissioner provide consumer protection in the insuranc..
Regulatory agencies in the us government : Discuss three ways that regulatory agencies in the U.S. government can alter the economic or social behavior of a corporation.
Benefits of outsourcing finance and accounting : Read the articles, "Trickle of Jobs Returning to U.S. Shores Could Soon Become a Torrent" and "The Benefits of Outsourcing Finance and Accounting."
Examples of political risks on economic systems : What are some micro and macro examples of political risks on economic systems?
How will us consumers be impacted by tpp : How will the rice growers' producer surplus be impacted by TPP? How will US consumers be impacted by TPP? What favorable impacts are expected to be seen by Japanese consumers?

Reviews

Write a Review

Other Subject Questions & Answers

  Health care reform matrix

Health Care Reform Matrix - With your learning team, complete the Health Care Reform matrix below. Listed in this matrix are some of the topics addressed by the Patient Protection and Affordable Care Act policy

  Discussing drugs and crime

What do you think has more effect on a person's inclination to abuse drugs: social factors or psychological factors?

  What moral or ethical limit should be put on genetic testing

What ethical principles apply to this discussion? What moral or ethical limits should be put on genetic testing and interventions? Should genetic engineering be legal? Should parents be allowed to "design" their children?

  Discrimination faced

How is discrimination faced by one identity group (race, ethnicity, religious beliefs, gender, sexual orientation, age, or disability) the same and different as discrimination faced by another.

  Problem is relatively unstructured

A large municipality (250,000 citizens) is trying to decide where to locate a new community recreational center. The problem is relatively unstructured. There is a decision quality requirement that is significant. Not one person has sufficient inform..

  The number of youths joining gangs in the inner city has

write a 5-6 page paper answering the following questions 1.what would be another theory and strategy to avoid

  How are the virtues acquired

In Aristotle's view, how are the virtues acquired? In The Emperor's Club, what best describes the teacher's (Kevin Kline) response to his student's (Emile Hirsch) admission of cheating

  Sociological perspective and forces

Explain the sociological perspective and the forces of socialization and culture. Discuss how (population density and diversity, Median household income, Percent unemployment, Percent persons in poverty, and Median home values) may shape social pol..

  Explain the discretionary function of a contracting officer

Explain the discretionary function of a contracting officer and justify the associated immunity. Take a position on whether this concept should still be valued given the current government spending that has occurred in recent years. Support your ..

  Determining happiness and rationality

Suppose that you've to undergo some operation that would leave you perfectly healthy, but without your capability to reason. As part of this operation, you'd still be capable to feel pleasure but not pain, either emotionally or physically.

  Protein sequence to clone the gene for this protein

You have been working assiduously for several years to isolate a protein you believe is involved in triggering apoptosis in cancer cells — if you can identify the gene for this protein it could revolutionize cancer therapy.

  Medieval europe and traditional china

Why do you think this is so? What possible differences existed between Medieval Europe and Traditional China?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd