Porter.12-Insolvency - Revision history

Graham at 21:47, 26 January 2026

2026-01-26T21:47:13Z

2026-01-26T21:43:55Z

2025-11-26T19:19:48Z

2025-10-05T11:26:44Z

2025-10-05T11:26:27Z

2025-09-20T18:32:33Z

‎Guaranty Funds

2025-02-09T22:26:36Z

2025-02-09T22:25:32Z

2025-02-03T01:13:19Z

‎Guaranty Funds

2025-02-02T22:51:12Z

‎Guaranty Funds

@@ Line 141: / Line 141: @@
 ===Levels of Regulatory Action===
-'''Preliminary Note #1''': This section overlaps with ''[[Odomirok.19-RBC#Alice.27s_1st_Day_.28Intro_to_RBC.29 | RBC Action Levels]]'' but is not completely consistent. See ''[https://www.battleacts6us.ca/vanillaforum6us/discussion/386/relationship-to-the-action-levels this forum discussion]'' for more details.
+'''Preliminary Note #1''': This section overlaps with ''[[Odomirok.19-RBC#Alice.27s_1st_Day_.28Intro_to_RBC.29 | RBC Action Levels]]'' but is not completely consistent. See ''[https://battleacts.discourse.group/t/relationship-to-the-action-levels/2769 this forum discussion]'' for more details.
 '''Preliminary Note #2''': This section discusses <u>levels</u> of regulatory action, but the reading ''[[NAIC.Solvency]]'' discusses <u>''[[NAIC.Solvency#paragraph_1-3:_Three-Stage_Financial_Regulatory_Process | stages]]''</u> of the regulatory process. It sounds very similar and the reason I mention it is that it came up on the following exam problem:

@@ Line 109: / Line 109: @@
 [https://www.battleacts6us.ca/FC.php?selectString=**&filter=both&sortOrder=natural&colorFlag=allFlag&colorStatus=allStatus&priority=importance-high&subsetFlag=miniQuiz&prefix=Porter&suffix=12-Insolvency&section=all&subSection=all&examRep=all&examYear=all&examTerm=all&quizNum=all<span style="font-size: 20px; background-color: lightgreen; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 10px;">'''Full BattleQuiz]'''</span> <span style="color: red;">'''You must be <u>logged in</u> or this will not work.'''</span>
-&nbsp;&nbsp;[https://www.battleacts6us.ca/vanillaforum6us/categories/porter-12-insolvency<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]
+&nbsp;&nbsp;[https://battleacts.discourse.group/c/candidates-6u/porter-12-insolvency/192<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]
 ==In Plain English!==

@@ Line 4: / Line 4: @@
 '''Author''': Porter, K.
-[https://www.battleacts6us.ca/vanillaforum6us/categories/porter-12-insolvency<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]
+[https://battleacts.discourse.group/c/candidates-6u/porter-12-insolvency/192<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]
 <span style="display: inline-block; background-color: blue; color: white; font-weight: bold; text-align: center; line-height: 50px; width: 50px; height: 50px; border-radius: 50%;">VIDEO</span> &rarr;

@@ Line 1: / Line 1: @@
 '''Reading''': Insurance Regulation, Insurance Institute of America, 2008. - '''Chapter 12''' - '''Insolvency Regulation'''
-* (excluding 12.12 - 12.17)
+* exclude 12.12 - 12.17
 '''Author''': Porter, K.

← Older revision		Revision as of 11:26, 5 October 2025
Line 1:		Line 1:
−	'''Reading''': Insurance Regulation, Insurance Institute of America, 2008. - '''Chapter 12''' - '''Insolvency Regulation (excluding 12.12 - 12.17)~~'''~~	+	'''Reading''': Insurance Regulation, Insurance Institute of America, 2008. - '''Chapter 12''' - '''Insolvency Regulation'''
		+	* (excluding 12.12 - 12.17)

	'''Author''': Porter, K.		'''Author''': Porter, K.

@@ Line 234: / Line 234: @@
 :* fund members elect a board of directors ''(approved by state insurance commissioner)''
 :* protects only policyholders of licensed insurers ''(surplus lines <u>not</u> covered)''
 There are several old exam questions on guaranty funds included in the next quiz. If you can do those, you should be set for anything they might throw at you.

← Older revision		Revision as of 22:25, 9 February 2025
Line 4:		Line 4:

	[https://www.battleacts6us.ca/vanillaforum6us/categories/porter-12-insolvency<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]		[https://www.battleacts6us.ca/vanillaforum6us/categories/porter-12-insolvency<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]
		+	[https://battleacts6us.ca/video/220_Insolvency_Regulation_(v01).mp4 <span style="color: black; font-size: 12px; background-color: aqua; border: solid; border-width: 2px; border-radius: 10px; border-color: aqua; padding: 5px 10px 5px 10px; margin-top: 100px;">'''(4:15) → Insolvency Regulation - General Overview'''</span>]

	{\| class='wikitable' style='background-color: navajowhite;		{\| class='wikitable' style='background-color: navajowhite;

@@ Line 219: / Line 219: @@
 :* a fund <u>administered</u> by each state to protect policyholders in an insolvency
-:* the fund <u>pays</u> most outstanding claims and refunds most unearned premiums ''(subject to limitations)''
+:* the fund <u>pays</u> most outstanding claims and <u>refunds</u> most unearned premiums ''(subject to limitations)''
 :{| class='wikitable'