What is MARKET CONDUCT EXAMINATION?

To evaluate an insurer’s practices and operations, the state’s insurance department conducts this type of examination. The intent is to establish in that state the insurer’s authority and worthiness to practice its business.

More On This Topic



Link to This Definition
Did you find this definition of MARKET CONDUCT EXAMINATION helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary