Which of the following is not a common finding of a market conduct examination?

The focus of a market conduct examination is to evaluate the practices of insurance companies to ensure they are treating policyholders fairly and complying with regulatory standards. This type of examination typically investigates behaviors that may impact consumers, such as how policies are marketed and administered.

Replacement of insurance policies is more accurately classified under the realm of specific regulatory reviews rather than general market conduct examinations. While it is an important aspect of ensuring that consumers are not being misled or taken advantage of, it is not a primary focus when assessing market conduct. The concerns that tend to be highlighted in market conduct reviews are centered around issues such as misrepresentation of policy terms, unfair discrimination between insured individuals, and improper claims practices, as these directly affect the fairness and transparency of how insurance products are offered and managed.

Understanding this distinction between general market conduct practices and more specific issues, such as policy replacements, emphasizes the emphasis on overall fairness and ethical treatment of policyholders in the insurance industry.