Cease and desist - Study guides, Class notes & Summaries

Ohio Property and Casualty Insurance Exam | Questions and Answers | Updated 2023 Rated 100%. what happens if you get a cease and desist: you must stop business and have hearing 29. how much is fine if you dont listen to cease and desist: 10,000 30. work without a license, what is fine?: 25-500, prison up to 6 months 31. unauthorized company fine?: 25-500, 6 months jail 32. violate rules: 25-500, 1 year jail time 33. if you don't file proper insurance documents?: 100-500 dollar fine 34. ...

Examination of Records - The Commissioner can examine anyone in the business of insurance in the state at anytime. A company shall be examined every 5 years. Notice and Hearing - the Commissioner may call and hold hearings for any purpose deemed necessary. Insurance Commissioner - the commissioner may conduct investigations or examinations whenever deemed necessary, subpoena the witnesses to testify. cease and desist order - the commissioner may issue this order to any person committed ...

NEHA RS/REHS EXAM TEST BANK SOLUTION 2023 Question 1 An action authorized by law to restrict or prevent the movement of goods for the protection of public health, safety and welfare is called Choose one answer. a. an injunction b. an embargo c. an order to cease and desist d. a subpoena Question 2 Field observations are not always reported in total because Choose one answer. a. the reported forms are usually inadequate b. the significance of the data is not u...

when does a certificate of authority expire - June 30th when do you report administrative actions - within 30 days Penalty for license denial, suspension, or revocation - 3,000 Penalties for falsifying books/documents - maximum fine of 5,000 and between 2-12 months imprisonment Unfair Trade Practices and methods of competition fines - 3000 maximum per violation 30,000 maximum aggregate 30,000 insurer maximum per 750,000 insurer maximum aggregate Claims must be paid by insurers within - ...

1-1 Under the Louisiana Private Investigator Law, the Louisiana State Board of Private Investigator Examiners (LSBPIE) is authorized to issue the following types of license(s): b. Apprentice, Individual, Agency, Journeyman 1-2 Any licensee who wishes to apply for an extension of time to complete investigative educational instruction requirements must submit________ of the LSBPIE 30 days prior to the license renewal date. d. a signed written request setting forth the reasons for the exte...

Colorado Life and Health Exam 2023 Questions and Answers 100% Accurate when does a certificate of authority expire - ANSWER June 30th when do you report administrative actions - ANSWER within 30 days Penalty for license denial, suspension, or revocation - ANSWER 3,000 Penalties for falsifying books/documents - ANSWER maximum fine of 5,000 and between 2-12 months imprisonment Unfair Trade Practices and methods of competition fines - ANSWER 3000 maximum per violation 30,000 maximu...

New York Auto Adjuster Prep Questions and Answers |100% Pass Medical coverage under a personal auto policy will cover the insured if he/she is injured while: {{Correct Ans- Passenger on a bus. EXPLANATION: Personal auto medical coverage is available to the policyholder or a family member (resident relative) injured while occupying, or as a pedestrian, struck by a motor vehicle or trailer designed for use on public roads. It also covers any other persons while they are occupying your motor v...

South Carolina Life Insurance Producer Exam Questions and Answers 2023 Producer - ANSWER Independent Insurance Agents also known as insurance sales agents that typically sell a variety of Insurance and financial products. resident producer - ANSWER An agent who holds an insurance license in the state in which they live non-resident producer - ANSWER Agents who hold an insurance license in a different state than the one they live Broker - ANSWER agents that work on behalf of life insu...

Washington State Property & Casualty Insurance Exam 100% correct answers Authorized Insurer An insurer that has qualified and received a Certificate of Authority from the Department of Insurance to transact insurance in the state. Contact adhesion the accepter of the contract must "adhere" to the written contract inducement An action aimed at persuading insolvent Bankrupt; unable to pay debts. Transacting Insurance Conducting insurance business, such as solicit...

Alabama Insurance License- Alabama Insurance Law Common to All Lines Questions and AnswersAlabama Insurance License- Alabama Insurance Law Common to All Lines Questions and AnswersAlabama Insurance License- Alabama Insurance Law Common to All Lines Questions and Answers Cease and desist - ANSWER - to stop or discontinue Coercion - ANSWER - the practice of persuading someone to do something by using force or threats Commission - ANSWER - payment to the agent by the insurance company for pl...