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STATE OF CONNECTICUT INSURANCE DEPARTMENTMarket Conduct Report of Transamerica Life Insurance Company November 18, 2020, The Market Conduct Division of the Connecticut Insurance Department examined
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Who needs market conduct examination?

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Any entity involved in the selling or distribution of financial products
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Market conduct examination is a regulatory review conducted by insurance regulatory authorities to ensure that insurance companies are abiding by laws and regulations and treating consumers fairly.
Insurance companies are required to file market conduct examination.
Insurance companies must complete and submit the market conduct examination report according to the guidelines provided by the regulatory authorities.
The purpose of market conduct examination is to protect consumers and ensure compliance with insurance laws and regulations.
Insurance companies must report on their business practices, compliance with regulations, and treatment of consumers.
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