Pennsylvania law - Study guides, Class notes & Summaries

Pennsylvania Laws and Regulations (Applicable to Property Insurance Only)Rate Regulation - correct answer -Insurance rates must not be excessive, inadequate, or unfairly discriminatory -Insurers must file every manual, minimum, class rate, rating schedule or rating plan with Commissioner (Filing must state Proposed effective date) Standard Fire Policy - correct answer Insurers issuing fire insurance policies must use the Standard Fire Insurance Policy of the State of Pennsylvania, which set...

PSI Real Estate Exam (MD State Portion) Latest 2023 Graded A+ Real Estate brokerage is govern by: 1. Satutory Law - Brokers Act "Title 17" 2. Administrative Law - Code of Maryland Regulations (COMAR) Regulation is enacted and enforced by MD Real Estate Commission (MREC) Brokerage Services: For consideration: - *Selling, buying, exchanging, or leasing* any real estate or collecting rent - Assisting to *locate/obtain* for purchase/lease any residential real estate - Serving as a consultant En...

PENNSYLVANIA LAWS AND RULES PERTINENT TO INSURANCE EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS GRADED A++ Twisting Misrepresenting a policy for the purpose of inducing a policyholder to change or replace an existing policy is known as Given written consent by the state insurance regulatory agency John has a criminal record in which he was convicted of a felony that involved dishonesty. Under Federal law, how would John be able to engage in insurance transactions? Shareholders Whic...

Pennsylvania Laws and Regulations Applicable to Property and Casualty InsuranceInsurance Guaranty Association - correct answer Pennsylvania Property and Casualty Insurance Guaranty Association - Every property and casualty insurer must participate as a condition of authority to write P&C policies in PA Prohibited Advertising - It's unlawful to use existence of association for sales, solicitation, or as inducement to purchase any kind of insurance protected by association Association is ...

Name Clas Dat : s: e: Chapter 03—Settling the Northern Colonies, Multiple Choice 1. Colonists in both the North and the South established differences in all of the following areas except ANSWER: POINTS: REFERENCES: ANSWER: POINTS: REFERENCES: d 1 Settling the Northern Colonies, a. b. c. d. e. patterns of settlement. economies. political systems. values. allegiance to England. e 1 Settling the Northern Colonies, 2. Identify the statement that is false. a. The promise of ric...

PA Emissions Inspector Certification Questions and Answers 100% Pass What decade do we start doing emission devices on cars? 1960 When removing a gas cap with safety equipment do we use? Safety goggles What is the best lean indicator to determine air fuel ratio? Oxygen Where is the best location to find a gross vehicle weight? Sticker on door. What is the reason for the emissions program in Pennsylvania? For clean air What is the range of normal Knox (N0x) production? per million parts Wh...

Unit 21: Pennsylvania Laws and Regulations Common to Property and Casualty InsuranceC) Both of these - correct answer Which of the following could be paid an insurance commission or fee? A) Neither of these B) Lenny, a retired insurance producer who no longer maintains a license but whose book of business generates policy renewals C) Both of these D) Patricia, an employee benefits attorney who refers a business client to a producer specializing in group insurance ethical conduct - correct...

PA Notary Exam Questions with accurate answers, 100% Accurate. Rated A+ Minimum age to become a Notary in PA - -18 years of age What is maximum amount of time to record bond, oath of office and commission at the Recorder of Deeds in the county which the notary maintains an office? - -45 Days Under RULONA, what amount must surety bond from insurance company licensed in PA in? - -$10,000 RULONA requires a surety company provide the Department of State how many days notice before canc...

regulate commission rates - Answer-which of the following is NOT a purpose of the PA real estate license law? a. enhance standards for brokers and salespersons b. regulate commission rates c. protect the public against incompetence d. protect licensees from unfair competition the public and licensees - Answer-the purpose of the PA real estate license law is to provide protection for ____ police power - Answer-the legal basis for the PA license law is derived from the state's_____ l...

Test Bank for Law and Ethics in the Business Environment 9e 9th Edition by Terry Halbert, Elaine Ingulli. Full Chapters test bank included CHAPTER 1 Law, Ethics, & Business: An Introduction Freedom versus Responsibility: A Duty to Rescue? Yania v. Bigan (Pennsylvania, 1959) Justifying the “No Duty to Rescue” Rule ■ John Stuart Mill, “On Liberty” Radical Change? ■ Steven J. Heyman, “The Duty to Rescue: A Liberal-Communitarian Approach” Podias v. Mairs (New Jersey, 200...