Adjuster licensing class Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Adjuster licensing class? On this page you'll find 54 study documents about Adjuster licensing class.
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![WEBCE Insurance Exam Questions with 100% Correct Answers](/docpics/5399165/664dca2fde0cc_5399165_121_171.jpeg)
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WEBCE Insurance Exam Questions with 100% Correct Answers
- Exam (elaborations) • 5 pages • 2024
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WEBCE Insurance Exam Questions with 100% Correct Answers 
1. Which of the following exempted insurance companies from federal antitrust legislation? 
the McCarran-Ferguson Act 
 
 
2. Which of the following has primary responsibility for regulating the insurance industry? 
a. the states 
 
 
Which statement about the NAIC is correct? 
The NAIC prepares model laws, regulations, and guidelines for adoption by the states. 
 
 
4. The NAIC issued a model law on long-term care insurance. Which statem...
![WEBCE Insurance Exam Questions with 100% Correct Answers](/docpics/5399166/664dca3266e23_5399166_121_171.jpeg)
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WEBCE Insurance Exam Questions with 100% Correct Answers
- Exam (elaborations) • 5 pages • 2024
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WEBCE Insurance Exam Questions with 100% Correct Answers 
1. Which of the following exempted insurance companies from federal antitrust legislation? 
the McCarran-Ferguson Act 
 
 
2. Which of the following has primary responsibility for regulating the insurance industry? 
a. the states 
 
 
Which statement about the NAIC is correct? 
The NAIC prepares model laws, regulations, and guidelines for adoption by the states. 
 
 
4. The NAIC issued a model law on long-term care insurance. Which statem...
![Texas All Lines Adjuster License Mile High Adjusters Study Guide With Complete Solution](/docpics/3442086/6504592b0f9fd_3442086_121_171.jpeg)
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Texas All Lines Adjuster License Mile High Adjusters Study Guide With Complete Solution
- Exam (elaborations) • 21 pages • 2023
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Staff Adjuster - Answer Adjusters who work exclusively for an insurance company 
 
Independent adjuster - Answer An individual who is employed as an independent contractor to an adjusting / staffing company and handles claims for an insurance company 
 
Public adjuster - Answer Adjusters that represent the insured by negotiating claims with the insurance company. 
 
Insurer - Answer Any insurance company or self-insured. An organization or entity that facilitates the pooling of funds and the pay...
![Adjuster Pro Section-6 Questions and Answers 2023](/docpics/2962532/6498990b4de19_2962532_121_171.jpeg)
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Adjuster Pro Section-6 Questions and Answers 2023
- Exam (elaborations) • 3 pages • 2023
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Adjuster Pro Section-6 Questions and Answers 2023 
Adjuster's Ethical SItuation 
-Adjuster make frequent decisions involving larger amounts of money 
-Adjusters should always determine a fair and equitable settlement that abides by the insurance contract 
 
 
Inducement 
An action, item, or promise made to someone to motivate them toward certain desired actions 
 
 
Consequences for Accepting Inducements 
-Losing license 
-Reputation Loss 
-Lawsuits 
-Jail time 
 
 
Kickbacks 
Money or favors o...
![Statutes and Regulations Casualty Insurance Illinois, Property & Casualty IL Law, IL Casualty Insurance Practice Test Questions and Answers Graded 100% 2023](/docpics/2786745/646b79e7a3cf3_2786745_121_171.jpeg)
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Statutes and Regulations Casualty Insurance Illinois, Property & Casualty IL Law, IL Casualty Insurance Practice Test Questions and Answers Graded 100% 2023
- Exam (elaborations) • 43 pages • 2023
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Statutes and Regulations Casualty Insurance Illinois, Property & Casualty IL Law, IL Casualty Insurance Practice Test Questions and Answers Graded 100% 2023. Which of the following is NOT a duty of the director of insurance? Setting premium 
rates. 
Illinois law requires that a licensed insurance producer notify the director, in writing, of 
any change in their residential areas within 30 days 
All of the following are true about the bond requirements in the state of illinois EXCEPT 
 Insuranc...
![Statutes and Regulations Casualty Insurance (Illinois Property and Casualty IL Law, IL Casualty Insurance Practice Test) Questions and Answers Graded 100% 2023](/docpics/2812702/6472164acc4b4_2812702_121_171.jpeg)
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Statutes and Regulations Casualty Insurance (Illinois Property and Casualty IL Law, IL Casualty Insurance Practice Test) Questions and Answers Graded 100% 2023
- Exam (elaborations) • 43 pages • 2023
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Statutes and Regulations Casualty Insurance (Illinois Property and Casualty IL Law, IL Casualty Insurance Practice Test) Questions and Answers Graded 100% 2023. When a commercial property insurance policy, in effect for more than 60 days is 
cancelled for an allowable reason, other than non-payment of premium, the insured 
must give written notice to the first named insured of at least 60 days 
A person is in the process of becoming permanently licensed as a producer. A 
temporary producers lic...
![Insurance Adjuster Exam with 100% Correct Answers 2023](/docpics/63d965ace5771_2321259.jpg)
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Insurance Adjuster Exam with 100% Correct Answers 2023
- Exam (elaborations) • 14 pages • 2023
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ACV - Correct answer-Actual Cash Value 
ALE - Correct answer-Additional Living Expense 
CE - Correct answer-Continuing Education 
CGL - Correct answer-Commercial General Liability 
CIM - Correct answer-Commercial Inland Marine 
COM - Correct answer-Commercial Ocean Marine 
CPP - Correct answer-Commercial Property Policy 
DTPA - Correct answer-Deceptive Trade Practices Act 
HO - Correct answer-Home Owners 
IA - Correct answer-Independent Adjuster 
NI - Correct answer-Name Insured 
NOL - Correct a...
![CISR Agency Operations Exam 82 Questions with Answers,100% CORRECT](/docpics/644179eb491ee_2630047.jpg)
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CISR Agency Operations Exam 82 Questions with Answers,100% CORRECT
- Exam (elaborations) • 9 pages • 2023
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CISR Agency Operations Exam 82 Questions with Answers 
 
Four benefits of ethical behavior -CORRECT ANSWER a. To be recognized as knowledgeable insurance professionals within the community 
b. To gain public trust and confidence 
c. To avoid government regulation 
d. To enhance credibility with customers and companies 
 
Misrating & Misclassification - CORRECT ANSWER Risk misrated to write coverage - Insurer doesn't receive enough premium; Insurer not able to pay losses 
 
Common ethical iss...
![Florida Statutes, Rules, & Regulations Common to All LinesQuestions & Answers Graded A+](/docpics/3226133/64d4f0f1a9a6d_3226133_121_171.jpeg)
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Florida Statutes, Rules, & Regulations Common to All LinesQuestions & Answers Graded A+
- Exam (elaborations) • 12 pages • 2023
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Financial Services Regulation - Answer The Florida Legislature created the FDS, OIR, and OFR to oversee insurance & financial regulation in this state. 
 
Chief Financial Officer - Answer Jimmy Patronis, an elected official, the head of the DFS, may also be known as the treasurer. Directly regulates insurance agents; insurance fraud; insolvent & impaired insurers; and insurance consumer protection. 
 
Financial Services Commission - Answer Commission means the Financial Services Commission; comp...
![Adjuster Licensing Class 100% SOLUTION REVISED 2023..2024](/docpics/3250789/64db33dcd03c6_3250789_121_171.jpeg)
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Adjuster Licensing Class 100% SOLUTION REVISED 2023..2024
- Exam (elaborations) • 9 pages • 2023
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The amount the insured must pay in a loss before any payment is due is known as? - 
ANSWER Deductible 
What is a partial legal defense that reduces the amount of damages that a person can 
recover based upon the amount that this person's own negligence contributed to the 
loss - ANSWER Comparative Negligence 
What is a situation involving a person other than an insured? - ANSWER Third Party 
Loss 
The part of the insurance policy that details the rights and duties of the insured and the 
i...
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