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What is the maximum amount the commissioner can fine an insurer for each violation of a cease-and-desist order? - ANSWER-$10,000 When appropriate the commissioner reports a violation of insurance law to - ANSWER-The district attorney A company that has not been authorized to operate in Colorado is known as - ANSWER-A nonadmitted insurer An insurer that terminates the producers appointment must inform the commissioner within how many days? - ANSWER-30 All of the following are duties o...

Which of the following statements about Health Reimbursement Arrangements (HRA) is correct? - ANSWER-If the employee paid for qualified medical expenses, the reimbursements may be tax free. Which parts of a health insurance policy are guaranteed to be true? - ANSWER-warranty What is usually excluded from medical expense policies? - ANSWER-Intentionally self-inflicted injuries insurable interest only needs to exist at the time of application. - ANSWER-F Blue Cross/Blue Shield - ANSWER...

Who acts as the representative for a title insurance company? - ANSWER-Licensed agent's employee Where are agents' licenses to represent a title insurance company conducting a nationwide business issued from? - ANSWER-The commissioner of Insurance of the state of Colorado What does a title insurance license allow one to write? - ANSWER-Title insurance only What is the scope of an agent's authority if their license has been issued? - ANSWER-Limited by terms and conditions in the licen...

Which one of the following terms defines the art and science of beauty care -ANSWER- Cosmetology Which one of the following would negatively affect your commitment as a cosmetologist? -ANSWER- Insufficient rest Fatigue can be prevented through: -ANSWER- Rest and relaxation How many hours of sleep do most people need to function properly? -ANSWER- 6 to 8 Keeping muscles toned, organs functioning properly and equipping the body to better cope with a stressful situation are benefits of:...

The brokerage firm owns the listing contract and has designated a broker to represent the seller. In this case, the designated broker: A. performs the services and represents the seller. B. is an employing broker, both represent the seller. C. is not supervised by the employing broker. D. will be an agent of the buyer. - ANSWER-performs the services and represents the seller. Only a designated broker has an agency relationship with the seller- the designated agency relationship...

AGENTS' LICENSES TO REPRESENT A NATIONWIDE BUSINESS CONDUCTING BUSINESS IN COLORADO ARE ISSUED BY: A - THE ALTA OFFICE IN WASHINGTON, D.C. B - THE COMMISSIONER OF INSURANCE OF THE STATE OF COLORADO C - THE COMMISSIONER OF INSURANCE OF THE STATE WHERE THE HOME OFFICE OF THE TITLE INSURANCE COMPANY IS LOCATED D - THE INTERSTATE COMMERCE COMMISSION - ANSWER-B - THE COMMISSIONER OF INSURANCE OF THE STATE OF COLORADO C.R.S. 10-1-108 THE APPROVED MANNER IN WHICH A TITLE INSURER IS SUPPO...

If a producer misrepresents a part of a policy, will the Insurer cover a claim made for the misrepresentation? - ANSWER-Yes, if an agent mistakenly says something untrue about a policy, the company WILL cover the loss b/c the agent legally represents the insurer. The insurer may seek reimbursement from Agent for their error. When must a certificate of Authority be renewed each year in the State of Colorado? - ANSWER-June 30th Estoppel - ANSWER-Prevents a party from enforcing a right that i...

The nurse's son called and asked her to bring home a package of bandages, so the nurse grabbed a package from the facility's stockroom to take home. Which of the following options BEST identifies this action? a. Negligence b. False imprisonment c. Theft d. Aiding and abetting - ANSWER-C. Theft Which of the following personal qualities is a nursing assistant demonstrating when he or she accepts his or her own limitations? a. Caring b. Dependability c. Accountability d. Ho...

OverPressure - ANSWER-a rapid increase, then decrease, in atmospheric pressure created by an explosion Armed Charge - ANSWER-An explosive cartridge that contains a detonator Artificial barricade - ANSWER-An artificial mount berm or wall of earth with a minimum thickness of 3 feet Barricaded - ANSWER-The effective screening of a building or magazine that contains explosive materials from another magazine or building by natural or artificial barrier Binary Explosive - ANSWER-A detonato...

A lender has filed a "Notice of Election and Demand". The sale must take place: No more than 60 days No less than 45 days 75 days No more than 125 days unless agricultural land - ANSWER-No more than 125 days unless agricultural land Lead‐based paint disclosure is required: For property in known high lead areas For all residential sales For residential property in which a building permit was issued before January 1, 1978 For residential property built...