Hawaii public adjuster - Study guides, Class notes & Summaries

How old do you need to be to obtain a NY license? - Answer-18 If you have been convicted of a felony what must you get to practice insurance in Hawaii? - AnswerWritten consent from the commissioner How often do you renew the Hawaii license? - Answer-every 2 years Who grants the insurance license? - Answer-Insurance Section of the Hawaii Department of Commerce and Consumer Affairs. Who appoints the Insurance commissioner? - Answer-The director of commerce and consumer affairs shall, with th...

Cease & Desist - Commissioner has the authority to issue a cease and desist order to enforce compliance or any order of the commissioner. Oaths - the commissioner may take depositions, and subpoena witness or documentary evidence. He may administer oaths and examine under oath any person being examined to any hearing or investigation. Refusal to Testify - if an individual fails to appear to the commissioner’s subpoena, he can file an order to the local county to force that person to a...

hawaii insurance laws, rules and regulations Exam Questions and Answers 100% pass 15 days - Answer- Hearing of unfair trade practices $1,000 - Answer- Unfair trade practice per violation UNKNOWINGLY committed $10,000 - Answer- Unfair trade practice MAX FINE unknowingly committed $5,000 - Answer- Unfair trade practice Per violation KNOWINGLY committed $50,000 - Answer- Unfair trade practice MAXIMUM KNOWINGLY committed $10,000 - Answer- Unfair trade practice MAX for violating a cease and de...

HAWAII INSURANCE ADJUSTER EXAM - STUDY TERMS QUESTIONS AND ANSWERS 100% PASS A person must be guilty of committing a _____________to be held liable for negligence and is then referred to as a _____________________. - Answer- tort tortfeasor Real evidence - Answer- animate or inanimate physical and tangible items that are related to the original litigated occurrence. (Parts, wear & tear, real evidence Oral evidence - Answer- Statements made by insureds, claimants and witness, including e...

Hawaii Insurance exam Questions Answered 100% correct The Insurance Commissioner must examine an insurer at least once every? 5 years How many days in advance must a notice of a hearing on unfair trade practices be sent? 15 days The fine PER violation for UNKNOWINGLY committing an unfair or deceptive act in the business of insurance is: $1,000 The fine PER violation for KNOWINGLY committing an unfair or deceptive act in the business of insurance is: $5,000 The MA...

that indicates the initial results of a claim investigation? A. Field Report B. Interim Report C. Full Report D. None of the above A. Field Report States have adopted statutes regarding claims adjusting. To avoid unfair treatment to a claimant the adjuster must not: A. Promptly investigate the claim. B. Follow the laws regarding the number of days in which to commence an investigation. C. Deny the claim until a fair and prompt investigation has commenced. D. Pay the claim within a reasonable num...

which of the following individuals could qualify for a temporary insurance license? 1. retired producer 2. employee of a deceased producer 3. designee of a producer who is called to active military service 4. deceased producer's brother who is employed by the department of insurance - Answer- designee of a producer who is called to active military service which of the following terms describes making false statements about the financial condition of any insurer that are intended to inj...

Under the Standard Fire policy, how many days of coverage is provided by the policy to cover property moved to another location when the property is endangered by the perils insured against under the policy? - ANS - 5 days When the Hawaii Department is investigating possible insurance law violations, the Commissioner will pay all of the following, EXCEPT: Answer Choices: Cost to search for items designated by the subpoena. Mileage for witnesses to attend the hearing. Costs to reproduce r...