California: Insurance Ethics Training
California Insurance CE Courses – Ethics Training
The course covers the practical and professional starting points for insurance ethics, including basic guiding principles and the importance of acting in an ethical manner. The course focuses on ethical decision making. It examines the difference between legal and ethical responsibilities. It looks at the agent’s fiduciary responsibility to clients, as well as obligations to the insurer/employer and regulatory agencies. The special ethical considerations of bad faith, suitability, trust fund handling, misrepresentation, and the unauthorized practice of law are examined. California fair claims practices are presented, and students are familiarized with deceptive trade practices as they relate to the business of insurance in California.
- learn the basic concepts of ethics;
- gain an understanding of ethical decision making;
- compare ethic obligations and legal requirements;
- identify the duties resulting from the law of agency;
- describe the duties owed to insurers, insureds, regulators, and others;
- differentiate between fair and unfair claims settlement practices in California; and
- gain an understanding of consumer protection laws and the protections available to consumers through the California Insurance Code.
Hours: 4 Ethics