Which of the following is NOT an example of an unfair trade practice?

Risk assessment is considered a standard and necessary practice within the insurance industry and is not classified as an unfair trade practice. It involves evaluating an individual's or entity's risk profile to determine appropriate premiums and coverage options. This process is essential for insurers to make informed underwriting decisions and manage their financial exposure effectively.

In contrast, practices such as boycott, coercion, and insurance fraud involve unethical or illegal actions that compromise fair competition and integrity within the market. Boycotts can lead to the suppression of competition by refusing to engage with certain insurers or service providers. Coercion entails pressuring individuals or entities to act against their will, often manipulating them into decisions related to insurance coverage. Insurance fraud involves deceptive practices intended to benefit one party at the expense of another and undermines the trust and fairness fundamental to the insurance sector.