Under Regulatory Action Level, what actions are required by the DOI and insurer?

• A. DOI: right to take corrective action; Insurer: submit action plan to commissioner of domiciliary state explaining how it will obtain needed capital or reduce its risks
• B. DOI: None; Insurer: submit action plan to commissioner of domiciliary state
• C. DOI: appoint receiver; Insurer: monitor
• D. DOI: impose penalties; Insurer: do nothing

Answer: (A)