For which of the following reasons could an insurance license be revoked in Connecticut?

An insurance license can be revoked for engaging in unethical conduct because this behavior undermines the integrity of the insurance industry and violates the ethical standards required for licensing. Unethical conduct may include actions such as misrepresentation of facts, failure to disclose relevant information, or any behavior that could harm clients or the reputation of the profession.

While submitting fraudulent claims is indeed a serious offense and can also lead to license revocation, the focus on ethical conduct specifically addresses the professional responsibility that insurance agents hold. This is a crucial part of maintaining public trust and ensuring that clients receive fair treatment.

Improper licensing fees may result in penalties or licensing issues, but they typically do not rise to the level of warranting a revocation for ethical reasons. Similarly, a conviction of a felony might lead to revocation depending on the nature of the felony, but it does not inherently point to unethical conduct within professional duties. The emphasis on conducting business ethically encompasses a broader range of behaviors that regulators seek to mitigate in order to protect consumers and uphold industry standards.