Wolters Kluwer Financial Services, a provider of compliance, content, and technology solutions and services, released its annual lists of the top 10 reasons insurance companies are found to be out of compliance during market conduct examinations.
The company’s insurance compliance business reviewed and analyzed the content in last year’s market conduct exams to give insurers insight into what regulators are looking for during compliance audits. Claims-handling, licensing and underwriting issues continued to dominate the lists of examination criticisms by insurance departments across the United States.
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