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The financial authorities in Korea are tightening their grip on large General Agencies (GA) in the insurance industry to protect consumers from potential harm The financial authorities in Korea are tightening their grip on large General Agencies (GA) in the insurance industry to protect consumers from potential harm. As GAs continue to engage in intense competition, authorities are focusing on preventing "4 major violations" and enhancing inspection processes to maintain market order and minimize consumer risks. Recently, the Financial Supervisory Service (FSS) and other financial authorities have been paying close attention to the large-scale competition occurring within the insurance industry, specifically targeting General Agencies (GA). Despite efforts to curb aggressive sales tactics and protect consumers, violations still persist, particularly among the larger agencies. The FSS has introduced stricter measures to address what they refer to as the "4 major violation...