The Market Conduct section is responsible for conducting Market Analysis, Market Conduct investigations and Market Conduct examinations. Market Analysis is a system of collection and analysis of data that helps regulators conduct surveillance on the insurance marketplace.
People also ask, what is the meaning of market conduct?
It is helpful to distinguish the related ideas of market conduct and market performance. Market conduct refers to the price and other market policies pursued by sellers, in terms both of their aims and of the way in which they coordinate…
What is market conduct regulation?
Market regulation attempts to ensure consumers are charged fair and reasonable insurance prices. It also strives to ensure consumers have access to beneficial and compliant insurance products, and are protected against insurers that fail to operate in ways that are legal and fair to consumers.