Actuarial Notes

Exam DISC-IA Practice Question 249

Study guide: Exam DISC-IA

A state has enacted the NAIC Unfair Claims Settlement Practices Act. Which finding would most clearly support charging an insurer with an unfair claims settlement practice?

  • A) One adjuster took three weeks to return a policyholder's call about a single claim
  • B) After a reasonable investigation the insurer denied a claim, and the claimant disagrees with the result
  • C) A market conduct examination shows the insurer routinely refuses claims without reasonable investigation
  • D) A policyholder has sued the insurer under the Act for refusing her claim

Answer this question and see the worked solution

Concepts tested

More questions from this set