Adjuster questions and answers latest topcore.

Adjuster questions and answers latest topcore. Which of the following is NOT one of the duties of the Department of Financial Services? a. License adjusters b. Set rates and write policies for various company products c. Supervise the claims activity of adjusters d. Investigate charges of unethical conduct of adjusters - correct answers.B. Set rates and write policies for various company products The adjuster has a particular relationship to his principal, the insurer. Which of the following best describes this relationship? a. It is a fiduciary relationship. b. It is a functional relationship. c. It is a final relationship. d. It is a festering relationship. - correct answers.A. It is a fiduciary relationship. The Claims Adjuster's role in the insurance industry includes all the following EXCEPT: a. Facilitating payment of legitimate claims b. Replies to communication on a claim within 14 calendar days c. Replies to Department of Insurance inquires on a claim within 21 calendar days d. Gives appropriate legal advice and writes binding contracts - correct answers.D. Gives appropriate legal advice and writes binding contracts All of the following activities are illegal for an adjuster, EXCEPT: a. Give advice which is of a legal nature b. Use only company forms to prepare releases c. Encourage a claimant to make a quick decision on an offer to settle d. Fail to make claimant aware of potential litigation for claimant's actions - correct answers.B. Use only company forms to prepare releases All of the following are part of the conditions imposed upon the insured in the event of a loss, EXCEPT: