Business 16 Personal Insurance

| June 7, 2016

Order Details;

Business 16 Personal Insurance

Completion of this exercise is worth a maximum of 20 points.

 

Usage-Based Insurance and Vehicle Telematics:  Insurance Market and Regulatory Implications is a study sponsored by the NAIC (National Association of Insurance Commissioners).    The report extends to almost 100 pages.  For this extra credit assignment please read the forward.  This section of the report ends on page 6.  You should also review the table of contents in the beginning of the report.  If a section of the report looks interesting by all means review it.

After reading the study turn your attention to the article written by Susan Kuchinskas Insurance telematics: US state regulators tackle UBI.

Please compose a response of at least one page in length.  In that response address the following questions:

  • Describe the advantages and disadvantages of having different rules for the use of auto telematics by state. If you could change the existing approach what would those changes be?
  • Almost insurance regulatory filings are public documents. In her article Ms. Kuchinskas notes that insurers are pushing to limit access to some of their some of their filings.  State the reasons for and against this choice and what your opinion would be.
  • California severely limits how telematics information can be used. Would you propose a change?

 

 

 

 

 

Get a 5 % discount on an order above $ 150
Use the following coupon code :
2018DISC
Prohibition on alcohol consumption
Group 1: Peace of Augsburg

Tags:

Category: Uncategorized

Our Services:
Order a customized paper today!