Law Insurance Law

US Insurance Regulation: A Primer

By Richard G. Liskov
Edward Elgar Publishing November 2023

Specifications

ISBN-13
9781035314782
Publisher
Edward Elgar Publishing
Publication
November 2023
Format
Hardback
Jurisdiction
U.K. ? Countri(es) for reference only

Details

Offering an innovative and experience-based perspective, Richard G. Liskov’s erudite treatise provides a comprehensive overview of the basic principles and procedures for how state insurance regulators in the US supervise a crucial sector of the economy. The book not only explores the theoretical dimensions of insurance regulation, but also presents practical insights and guidance for dealing with the main US insurance regulatory issues.

Chapters dexterously navigate key themes, including: the history behind insurance regulation; the respective regulatory roles of the federal government and US states; the organisation of insurance departments and how they operate; and the process of licensing insurance companies and professionals. The book further explores how US state insurance regulators deal with issues of supervision arising from a global marketplace and technological innovation, and how they oversee the financial solvency and market conduct of insurers.

This authoritative book will act as a fundamental resource for legal practitioners across multiple jurisdictions and executives working in insurance companies and brokerage firms. Law students who are seeking valuable information on this important aspect of US financial services regulation will similarly find this to be a beneficial read.

Table of Contents

1.
An overview of U.S. insurance regulation and some key definitions
2.
The respective roles of state and federal governments in U.S. insurance regulation
3.
How state insurance departments are organized and operate
4.
How states define what “insurance” is and who is an insurer, and how states license insurance companies and insurance professionals
5.
How states monitor the financial condition of licensed insurance companies
6.
How U.S. state insurance regulators deal with financially troubled insurance companies
7.
How state insurance regulators supervise the
market conduct of insurance companies and insurance professionals
8.
How the U.S. federal government and state insurance regulators supervise health insurance
9.
U.S. insurance regulation heading into the global technological future

Index
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