SOFE Exam SOFA-CFE Topic 8 Question 106 Discussion

Actual exam question for SOFE's SOFA-CFE exam

Question #: 106
Topic #: 8

[All SOFA-CFE Questions]

State regulations are established to ensure that claims are settled in a good faith manner

Ainsurance regulatory information department

Bdomiciliary state insurance department

CEvolution of insurance department

DFinancial insurance strength department

Show Suggested Answer

Suggested Answer: A

by Patria at Jan 23, 2025, 07:39 PM

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Tyisha

20 days ago

Wait, there's a 'Financial Insurance Strength Department'? Is that where they keep the insurance companies that are working out at the gym?

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Nickie

21 days ago

I bet the 'Evolution of insurance department' option is just a trick question to see if anyone's paying attention. Insurance departments don't evolve, they just get more bureaucratic over time.

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Brinda

22 days ago

D) Financial insurance strength department? Really? That's clearly not the right answer here. Someone's been spending too much time looking at insurance company ratings.

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Lillian

24 days ago

Hmm, I was thinking A) insurance regulatory information department, but B makes more sense. The state regulatory department is the one that enforces good faith claims settlement.

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Maryann

23 hours ago

A) insurance regulatory information department

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2 months ago

I think state regulations are important for protecting consumers.

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