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
Related Headlines
- Fifth Circuit hears arguments in Leonard v. Nationwide Katrina appealposted 69 weeks ago on Insurance Coverage Blog
- In Re Katrina Canal Breaches Litigation: More on Fifth Circuit's decision, did the Court hint how it will go on Tuepker?posted 70 weeks ago on Insurance Coverage Blog
- Initial impressions on Fifth Circuit's decision in In Re Katrina Canal Breaches Litigationposted 70 weeks ago on Insurance Coverage Blog
- A last word this week on In Re Katrina Canal Breaches Litigationposted 70 weeks ago on Insurance Coverage Blog
- State Farm, homeowners settle Katrina case in Mississippi state courtposted 61 weeks ago on Insurance Coverage Blog
- A couple Fifth Circuit Katrina cases from earlier this weekposted 69 weeks ago on Insurance Coverage Blog
- George Dale: insurance companies paid Katrina money they did not oweposted 56 weeks ago on Insurance Coverage Blog
- Nationwide v. Leonard: Fifth Circuit upholds anti-concurrent cause provision as unambiguousposted 66 weeks ago on Insurance Coverage Blog
-
U.S. Supreme Court rejects cert. for In Re Katrina Canal Breaches case
posted 41 weeks ago on Insurance Coverage Blog
- Louisiana Fourth Circuit finds flood exclusion ambiguousposted 54 weeks ago on Insurance Coverage Blog