Course offered by
The Institutes Knowledge Group
ARC 301: Navigating the Insurance Regulatory Environment
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.
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
Exam Prep Tools
This course comes with proven, comprehensive study materials to help you take The Institutes Designations' exam with confidence:
- Interactive Online Course: Learn at your own pace through a structured learning experience and modules featuring animations, video, question/answer scenarios, and more.
- Mobile App: A flexible and convenient way for you to assess your understanding anytime, anywhere.
- Practice Questions: Test your understanding throughout the course with knowledge checks and exam practice questions designed to reinforce key concepts, identify areas for review, and help you prepare with confidence.
- Simulated Exam: Strengthen your readiness using a timed exam that mirrors the structure and difficulty of the actual exam. Students who complete the simulated exam pass at higher rates than those who don't.
- Study Outlines: Reinforce your learning with study outlines designed to help you take notes and review the material as you progress through the course, with the option to print.
- Resources: Take advantage of optional learning resources to reinforce your understanding and support your personal study routine.
FAQs
- 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 4-6 weeks to complete.
- How is The Institutes Designations' exam structured?
- Virtual exams are timed. You will have 65 minutes to complete 50 questions.
- 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
- 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.
*Exam windows that close on a weekend will be extended to the following business day.