1. To check whether a South Dakota health insurer is following the law in its claims and sales practices, the Director may conduct a:

Market conduct examination of the insurer

The Director may perform market conduct examinations to review an insurer's trade, claims, and sales practices for legal compliance.

2. A South Dakota health insurer that routinely fails to promptly investigate and pay valid claims may be committing:

Unfair claims settlement practices

Routinely mishandling or delaying valid claims is an unfair claims settlement practice prohibited under the insurance laws.

3. A producer who circulates a false statement that a competing insurer is financially unsound has likely committed:

Defamation of an insurer

Making or spreading false, malicious statements about an insurer's financial condition is the prohibited practice of defamation.

4. An agreement among insurers to refuse to deal with a competitor in order to restrain trade is an example of:

Boycott, coercion, and intimidation

Boycott, coercion, and intimidation that unreasonably restrain trade in insurance are prohibited unfair trade practices.