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Insurance Regulation & Management is a continuing education study that includes 3 hours of Ethics. Look at the insurance industry and its various regulatory authorities. Examine the unique nature of the insurance industry that gives it special status in its relationship to government and the people. Explore the fiduciary nature of an insurance contract that requires a sound basis of trust to be maintained between the insurer and the insured.
Ethics and rules are necessary for a society to function. Examine the basic values that bring continuity to a society and are embodied in its laws and customs. Discover why law cannot cover every aspect of human relationships. Learn how ethics goes further than law in determining everyday conduct. Ethical conduct has been a concern of the insurance industry for a long time. Review the guidelines for agent compliance with ethical standards.