Insurers & the Consumer

Course Description

163 Pages

Chapter 1: Looks at Government and Private Sponsorship, Lloyds of London, Self-insurance, and Risk Retention Groups.

Chapter 2: Looks at Risk, chance of loss, loss control, prevention strategies, and the application process.

Chapter 3: Looks at Underwriting and Reinsurance.

Chapter 4: Looks at Ratemaking: merit rating, prospective experience rating, retrospective experience rating, fire insurance, Time of loss, and following proper procedures.

Chapter 5:  Looks at Insurance Regulation.

Chapter 6: Explores TRIA: Terrorism Risk Insurance Act.

Chapter 7: Is entirely dedicated to Ethics.  Looks at agent responsibilities and the legal system.