The purpose of the Financial Analysis Solvency Tracking (FAST) system
The purpose of the Financial Analysis Solvency Tracking (FAST) system employed by the NAIC is to
A) prioritize insurance companies for additional regulatory action.
B) quicken the approval of rates in prior approval states.
C) speed-up the claims settlement process for insurers charged with delaying claims payments.
D) quickly address market conduct complaints by consumers.
ANSWER
Answer: A
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