Wolters Kluwer Financial Services has added new functionality toits ComplianceWare market-conduct research tool to helpproperty/casualty insurers identify requirements most oftencriticized by state examiners.

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Using ComplianceWare technology, insurers can searchmarket-conduct compliance criticisms by state, date range, andspecific keywords. This allows users to assess their compliancerisk exposure by reviewing topics such as use of credit ratings,betterment or tax payments, and the extent to which particulartopics have appeared on a countrywide basis in a given time period.Additionally, ComplianceWare generates reports that help insurerssee total criticism activity for a single state, multiple states,or all states over the course of a year, quarter, or month.

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"ComplianceWare allows property/casualty insurers to easilyaccess information and identify trends that can help preventnoncompliance violations," says David Evans, general manager ofInsurance Compliance Solutions at Wolters Kluwer FinancialServices. "Additionally, ComplianceWare helps reduce the amount oftime insurers spend researching market-conduct information, whichis not widely available on state department of insurance Websites."

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