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Assignment Title: Regulatory Issues
Purpose: To explore, analyze, and report on an actual case where a regulatory (or alleged) failing affected the operations of an insurance company or major insurance brokerage.
Description: After reading chapter two of the assigned textbook you will gain familiarity with several dimensions of regulation that applies to the insurance industry. With this knowledge, conduct research to identify a significant event that involved a regulatory failing or alleged regulatory failing on the part of an insurance company or major insurance brokerage. (Helpful hint: Search library databases or publisher websites for back articles from insurance industry publications such as Business Insurance, Insurance Journal, Best's Review, or Risk & Insurance. Industry publications such as these always cover significant regulatory clashes within the industry.)
Your paper should include the following elements:
As an example, a student could research and write about the regulatory conflict that occurred when New York Attorney General Elliott Spitzer sued Marsh & McLennan in 2004 over the issue of contingent commissions.
Length: 2-4 pages. Specific requirements: Follow APA rules for the format, citations, and references. See the Assignment Guidelines section of the course syllabus for some basic guidelines and a link to an online APA guide. This written assignment should be 2-4 double-spaced pages in length (following all APA formatting rules), not including the title page and reference page(s). Some of these regulatory cases could be turned into a paper of several pages. Brevity is an underrated skill. Practice it by adhering to the stated page count range and properly summarizing the details of your case.
There is no time period constraint. You may choose to write about a regulatory incident that is very recent, or one that occurred 50 years ago. Your choice. Be sure to conduct adequate research by using (that means citing and including on your reference list) at least three sources, one of which should be the textbook. Due Date: Posted to the Blackboard assignment link by the stated due date. Fully addressed all assignment components; Within page count parameters. Excellent depth of analysis (while adhering to brevity) in addressing components. No grammar, spelling errors; Strong, clear written communication; Followed written assignment guidelines with very few APA errors.
You are learning how to apply methods to structure and form new concepts by exploring how the use of communication styles and language affect human interaction.
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