Which act could result in the revocation of an insurance license?

Soliciting consumers in a non-designated area is a violation of regulatory standards that govern the conduct of licensed insurance agents. State regulations typically require agents to operate within specific geographic boundaries. If an agent solicits clients outside of their designated area, it undermines the licensing framework, which is designed to promote responsible and fair market practices. This action can be seen as an attempt to circumvent established protocols, risking the integrity of the insurance profession and potentially leading to consumer confusion or fraud.

Regulatory bodies have strict guidelines in place to ensure that agents remain compliant with location-based regulations, and breaches of these guidelines can lead to significant consequences, including the revocation of an insurance license. Such measures are enforced to maintain the trust and reliability expected in the insurance industry.