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Unfortunately, when the confluence of events is such that the information or the service or the product later fails to live up to the consumer's expectation, charges of malfeasance or neglect arise - sometimes valid, sometimes not.
When enough of these charges are heard, the regulators step in with new or revised requirements that are intended to reinforce ethical business practices.
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Mallory was then informed there was, indeed, a truck that had been taken out of service and was being held in surplus.Consequently, these consumers rely on the insurance industry and its many and varied representatives to provide them with appropriate information, advice, products and service.In the majority of cases, this reliance has served the insurance buyer well.Few would argue that some consumers do not view the insurance industry in a positive light.Certainly one reason for this is that the average consumer does not fully understand or appreciate insurance products, but recognizes they are something that's needed.