Answer: Twisting: is a practice in which an insurance agent or broker misrepresents or distorts the terms of a policy to a policyholder in order to persuade them to purchase or replace a policy, or to persuade them to renew or otherwise continue a policy. It is considered an unethical practice and can result in fines, penalties, and even revocation of the producer's license.
Providing incorrect, misleading, incomplete, or materially untrue information in a license application is known as fraud. It is a criminal offense and can result in fines, penalties, and revocation of the producer's license. It is also considered as a violation of the insurance laws and regulations.
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