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Ch. 15: State Laws Study Guide Exam And All Actual Answers.
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  • Texas Code Enforcement CE
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  • Texas Code Enforcement CE

Which of the following is not a duty the Commissioner must administer? A Enforce state insurance laws B Approve an insurance license for a producer C Administer the workers' compensation system D Make state insurance laws - Answer D The Department must examine each insurance company a...

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  • August 23, 2024
  • 29
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • Texas Code Enforcement CE
  • Texas Code Enforcement CE

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Ch. 15: State Laws Study Guide Exam
And All Actual Answers.
Which of the following is not a duty the Commissioner must administer?

A

Enforce state insurance laws

B

Approve an insurance license for a producer

C

Administer the workers' compensation system

D

Make state insurance laws - Answer D



The Department must examine each insurance company at least once every _____ years. - Answer 5



Which of the following may the Commissioner not do if he/she cancels or revokes an insurance license?

A

Issue a cease and desist order

B

Refer the matter to the Attorney General for enforcement of any unpaid penalty or restitution

C

Suspend the license for up to 5 years

D

Order the licensee to pay an administrative penalty and/or make restitution - Answer C



A Certificate of Authority is issued to an insurer for which of the following reasons?

A

It certifies the insurer is authorized to transact insurance in this state

,B

It recognizes the insurer for excellence in handling claims

C

It certifies the insurer has passed a market conduct exam in this state

D

It certifies the insurer can break some laws - Answer A



Which of the following is NOT transacting insurance?

A

Providing an insurance proposal

B

Collecting an insurance payment

C

Completing continuing education requirements

D

Delivering an insurance contract - Answer C



Who is NOT eligible for an agent license in this state?

A

A 43-year-old who submitted the appropriate application and fees 1 month ago

B

A 17-year-old who passed the licensing exam 6 months ago

C

A 25-year-old who passed the licensing exam 2 months ago

D

A 30-year-old who submitted the appropriate application and fees 1 week ago - Answer B



If the Department issues a temporary agent license, for how many days is it valid?

A

, 90 days

B

30 days

C

180 days

D

60 days - Answer A



Who does not qualify for exemption from continuing education requirements necessary to maintain an
insurance license?

A

Agent who is in a coma

B

Agent who serves in the Army Reserves

C

Agent licensed for 25 years

D

Nonresident agent - Answer B



A licensed agent is required do which of the following before transacting insurance in Texas?

A

Pass an appointing exam

B

Obtain an appointment from an insurer

C

Obtain a Certificate of Authority

D

Obtain an insurance counselor's license - Answer B

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