How often must the commissioner examine domestic insurers?
Understand the Problem
The question is asking about the frequency with which the commissioner is required to examine domestic insurance companies. This likely pertains to regulatory practices and standards in the insurance industry.
Answer
Once every five years.
The commissioner must examine domestic insurers at least once every five years.
Answer for screen readers
The commissioner must examine domestic insurers at least once every five years.
More Information
The frequency of examinations of domestic insurers by the commissioner can vary by state, but most jurisdictions set the requirement at a minimum of every five years to ensure financial stability and compliance.
Tips
A common mistake is not checking specific state regulations which can slightly differ from the general rule.
Sources
- West Virginia Code | §33-2-9 - code.wvlegislature.gov
- Search Answer Box - Brainly - brainly.com
- RCW 48.03.010: Examination of insurers, bureaus. - WA.gov - app.leg.wa.gov
AI-generated content may contain errors. Please verify critical information
