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Alabama Department of Insurance REQUEST FOR PROPOSAL for Professional Insurer Market Conduct Examination Services Responses to this Request for Proposal must be received on or before the date and
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Professional insurer market conduct refers to the set of rules, guidelines, and practices that govern how insurance companies conduct their business and interact with customers in a professional and ethical manner.
Insurance companies and professional insurers are required to file professional insurer market conduct reports.
Professional insurer market conduct reports can be filled out online through the designated regulatory website or platform.
The purpose of professional insurer market conduct is to ensure that insurance companies are operating in compliance with all regulations and providing fair and ethical treatment to their customers.
Information that must be reported on professional insurer market conduct includes details on customer complaints, claims processing times, policy cancellations, and any disciplinary actions taken.
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