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Web from what authority derives the requirement that an insurance application contains a disclosure stating that an investigative. In this section we elaborate on the following: Web from what authority derives the requirement that an insurance application contains a disclosure stating that an. The law of agency relative to principals and agents and its role in. Web from what authority derives the requirement that an insurance application contains a disclosure stating that an investigative. Identify the regulatory agencies responsible for regulating insurance and reinsurance. Web from what authority derives the requirement that an insurance application contains a disclosure stating that an investigative.