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Dale says market conduct survey of State Farm Katrina handling may be done before he leaves office

posted 54 weeks ago on Insurance Coverage Blog

Outgoing Mississippi Insurance Commissioner George Dale says he hopes to complete a market conduct survey of State Farm before his term is up. A market conduct survey, in case you've not seen one, looks like this, and is basically an audit of claims files or other pertinent document pursuant to a state insurance department's regulatory powers. Sometimes the market conduct survey is broad and examines a company's performance in total, sometimes the survey is narrow and confined to certain kinds of claims. Market conduct surveys are typically reports by exception -- in other words, they deliniate the state's standard and then find exceptions to it, if any.Here's a story in the Sun Herald on Mississippi's year-long market conduct survey of State Farm. What will it show? Dale indicates in

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