Which of the following is not a component of the solvency regulation of insurance companies?

regulation of insurer investments.

laws prohibiting twisting.

periodic financial examinations.

risk-based capital requirements.

One reason that regulation of insurance is considered necessary is the fact that

there is a lack of competition within the industry.

the consumer cannot always evaluate the product.

there are not enough insurance companies.

the natural tendency of the industry is toward collusion.

The primary purpose of government regulation of insurance is to

force insurers to compete with one another.

prevent artificially high premiums.

protect the interest of those investing in insurance stocks.

guarantee fair contracts at fair prices from sound insurers.