Workers compensation laws - Study guides, Class notes & Summaries

1 Can a lender, as a condition of making a loan, require that any insurance be placed through a particular insurance agent or broker? - ANSWER-The loan recipient may always select a particular agent or broker of their choosing 2 A claimant can be any of the following EXCEPT - ANSWER-EXCEPT a person who is conducting an investigation of a claim on behalf of an insurer 3 All of the following are to be specified in an insurance policy EXCEPT - ANSWER-EXCEPT the financial rating of the insured...

TEST FOR ADJUSTER PRO, FLORIDA STUDY(QUESTIONS AND ANSWERS)A+ GRADED EXAM - CORRECT ANSWER-Subtract the deductible from covered damages to get indemnification - CORRECT ANSWER-6 unique characteristics of insurance policy 1 Contracts of adhesion (court ez win) 2 Utmost good faith 3 aleatory 4 personal 5 Unilateral (only insurer has obligation) 6 Conditional - CORRECT ANSWER-1945 regulate insurance Naic doesn't give benefits to comissioners 90 day to pay hijacking only covere...

QME exam | Questions and Correct Answers | Latest Update 2024/2025 | 100% PASS 1. Workers' Compensation laws in California originated with the _______________ which was passed in ________________. - Answer -Boynton Act; 1913 2. The "Grand Bargain" of the workers compensation system involves employers agreeing to pay assured and fixed benefits for industrial injuries and workers agreeing to: - Answer -Not sue their employer in civil court for an industrial injury. 3. The five ...

Health Insurance Florida 2-40 Practice Exam 2023 Questions & Correct Answers. Which of the following laws requires an insurer to notify an applicant in writing that an investigative consumer report may be made on the applicant? -Uniform Provisions Law. -Freedom of Information Act. -Medical Information Bureau Disclosure Act -Fair Credit Reporting Act (Insurance Information and Privacy Protection Act) Correct Answer: Fair Credit Reporting Act (Insurance Information and Privacy Protection Ac...

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...

BUL 3320 – LAW AND BUSINESS – WELKER QUESTIONS WITH REVISED ANSWERS Workers Compensation/Third parties - Answer-most cases, employees injured by independent third parties can file workers' compensation claims through their employers' insurance companies AND separate third-party negligence claims against those who inflicted the injuries. If the employee receives an award from the third-party claim, most state laws require him to reimburse the workers' comp benefits. The employee keeps...

BUL 3310 Exam 3 FSU Bailey - Questions and Answers (Complete Solutions) Employees are entitled to twelve weeks of medical leave during a twelve month period The Family and Medical Leave Act guarantees that an employee will be paid one-half his or her salary for up to six months of leave, so long as the leave was for "serious health condition" False Which of the following statements about unemployment compensation insurance is true? - The program is funded and administered by the individual s...

Employment Law correct answers is a patchwork of federal, state, and local laws. Whether and how laws apply depends on: correct answers Whether employees work for the government or a private employer, whether they have union representation, and the size of their employer 5 sources of employment law correct answers Constitutions, Statutes, Executive Orders, Regulations, and Common Law Casias v. Wal-Mart Stores correct answers court rejected plaintiff's request for a new category of prot...

New York State Property and Casualty Licensing Exam Questions and Answers Graded A+ Pro Rata Liability Clause is included in an insurance policy to deal with the problem of Duplicate insurance policies The purpose of this clause is to illustrate the method to determine each insurer's liability in case of a loss. Each insurer pays its fair share determined by the percentage that the carrier's limit bears to the total coverage carried. pro rata liability If a loss occurs that is covered...

An employee in Vermont has contracted a disease as a result of employment. A claim must be brought for workers compensation benefits within: Answer Two years of the discovery of the disease In Vermont, the employer/insurer has how many days from receiving notice of a claim to determine whether any compensation is due an injured employee? Answer 21 Days Which of the following workers are covered by the FELA Act of 1908? Answer Railroad employees To be covered under a standard workers co...