Course offered by

The Institutes Knowledge Group

ARC 301: Navigating the Insurance Regulatory Environment

Overview Skills You’ll Gain Exam Prep Tools FAQs

Overview

Develop a comprehensive knowledge of property-casualty insurance regulation. Through this course, you’ll build a solid foundation in insurance regulatory law and compliance, better understand the role of the NAIC in regulation, and learn strategies for advising insurance and regulatory authorities to strengthen insurance as a whole.

6-8 WEEKS

Experienced

Skills You’ll Gain

Understand the different types of rate filings so you can provide guidance for insurers under each of the filing approaches.

Evaluate the types and scope of market conduct examinations on underwriting practices to effectively apply the principles of each philosophy.

Assess the fiduciary responsibilities in agency-insurer and producer-customer relationships to better relay this information to customers.

Compare regulatory philosophies related to surplus lines and licensed insurers in the U.S. to determine how a carrier should function under each.

Ready-Made Career Skills:

Insurance Regulatory Law
Insurance Compliance
Claims Review
Market Conduct
Fiduciary Management

Assignments

Assignment 1:

Understanding the Need for Insurance Regulations

40 Minutes

Assignment 2:

Assessing How Insurance Regulation Has Evolved

30 Minutes

Assignment 3:

Analyzing Federal and Nongovernment Regulatory Influence

50 Minutes

Assignment 4:

Evaluating the Roles of State Insurance Regulators

40 Minutes

Assignment 5:

Examining the Role of the NAIC in Regulation

25 Minutes

Assignment 6:

Exploring Insurer Regulation

40 Minutes

Assignment 7:

Evaluating Underwriting Regulation

70 Minutes

Assignment 8:

Assessing Rate Regulation and Its Effects

50 Minutes

Assignment 9:

Examining Claims Regulation

20 Minutes

Assignment 10:

Evaluating Producer Regulation

40 Minutes

Assignment 11:

Analyzing Solvency Regulation

50 Minutes

Assignment 12:

Examining the Regulation of U.S. Surplus Lines Insurers

35 Minutes

Assignment 13:

Understanding International Insurance Regulations

25 Minutes

ARC 301 comes with proven, comprehensive study materials to help you pass The Institutes Designations' exam with confidence:

Online Course: Learn in a convenient format anywhere, anytime with videos that highlight subject matter experts in the regulatory field.
Practice & Assignment Quizzes: Quickly see where your knowledge gaps are with online practice quizzes for each assignment and for the full course. You can take them as many times as you want!

Does this course give me credit toward The Institutes Designations?
- Yes! ARC 301 gives you credit toward the Associate in Regulation and Compliance (ARC™) designation.
How long does the course take?
- ARC 301 typically takes students 6-8 weeks to complete.
How is The Institutes Designations' exam structured?
- Virtual exams are timed. You will have 65 minutes to complete 50 questions.
What’s included in my course materials?
- In addition to the online course, you have access to assignment quizzes and practice exams.
How do testing windows work?
- We offer The Institutes Designations' exams in 4 testing windows throughout the year.* You can complete your exam at any time in the testing window that you registered for. Access your exam from your account when the window opens and complete any time until 11:59 p.m. ET on the final day of the window.
  - Quarter 1: January 15 – March 15
  - Quarter 2: April 15 – June 15
  - Quarter 3: July 15 – September 15
  - Quarter 4: October 15 – December 15

*Exam windows that close on a weekend will be extended to the following business day.