What term describes the mixing of client and personal funds?

The term that describes the mixing of client and personal funds is "commingling." This concept is crucial in the context of financial and insurance regulation because it highlights a breach of fiduciary duty. Professionals handling clients' funds, such as insurance agents or brokers, are required to keep those funds separate from their personal finances. Commingling can lead to a lack of accountability and transparency, making it difficult to distinguish between what belongs to the clients and what belongs to the individual. This practice is prohibited and can result in legal consequences or disciplinary action for the insurance professional involved.

In other contexts, while "co-mingling" may appear and convey a similar meaning, especially in informal usage, "commingling" is the more accepted and formal term used in legal and regulatory frameworks. "Account Mixing" and "Fund Integration," while they might imply some form of mixing, are not widely recognized terms within the regulatory framework governing insurance practices and do not specifically convey the point about the improper mixing of client funds.