Property and casualty la - Study guides, Class notes & Summaries

The powers of the Insurance Commissioner include all of the following EXCEPT: A) making insurance laws. B) conducting hearings. C) conducting examinations of insurers and individuals. D) issuing certificates of authority and licenses. correct answers Answer: A The state legislature is responsible for making insurance laws. The Commissioner is responsible for enforcing them. In addition to any other forfeiture or penalty imposed, a person who violates an insurance rule or statut...

Each of the following statements is true about workers' compensation insurance in Utah EXCEPT: A) employers are liable for the payment of disability and medical benefits to every employee who becomes disabled as a result of an occupational disease. B) coverage is mandatory for partners of a partnership, sole proprietors, and corporate officers and directors. C) coverage is available through private insurers or a competitive state fund. D) the state fund is obligated to accept all risks...

Chapter 18: Kentucky Laws, Rules, and Regulations Pertinent to Property and Casualty Insurance No provision of the Kentucky insurance code applies to: - correct answer -fraternal benefit societies except as stated in the section relating to them -nonprofit hospital, medical-surgical, dental, and health service corporations except as discussed in the section relating to them -burial associations except as provided under the chapter on assessment or cooperative insurance -assessment or coop...

Exam FX Insurance Practice Exam Questions property and casualty Latest Update Actual Exam 120 Questions and 100% Verified Correct Answers Guaranteed A+

Chapter 18: Kentucky Laws, Rules, and Regulations Pertinent to Property and Casualty Insurance No provision of the Kentucky insurance code applies to: - correct answer -fraternal benefit societies except as stated in the section relating to them -nonprofit hospital, medical-surgical, dental, and health service corporations except as discussed in the section relating to them -burial associations except as provided under the chapter on assessment or cooperative insurance -assessment or coop...

The powers of the Insurance Commissioner include all of the following EXCEPT: A) making insurance laws. B) conducting hearings. C) conducting examinations of insurers and individuals. D) issuing certificates of authority and licenses. - Answer Answer: A The state legislature is responsible for making insurance laws. The Commissioner is responsible for enforcing them. In addition to any other forfeiture or penalty imposed, a person who violates an insurance rule or statute must:...

Property and Casualty latest Exam questions and answers

a company in chartered in Guam or Puerto Rico doing regular business in new York would be considered by new yorkers to be a 1. domestic company 2. foreign company 3. alien company 4. international company - Answer 2. foreign company If a company cancels an auto policy mid-term, the refund will be made on a 1. Pro rata basis 2. short rate basis 3. retroactive basis 4. coinsurance basis - Answer 1. pro rata basis What is the term used to describe terminating the insuran...

LA ADJUSTER SERIES 204: HOMEOWNER INSURANCE QUESTIONS AND ANSWERS 100% ACCURATELA ADJUSTER SERIES 204: HOMEOWNER INSURANCE QUESTIONS AND ANSWERS 100% ACCURATELA ADJUSTER SERIES 204: HOMEOWNER INSURANCE QUESTIONS AND ANSWERS 100% ACCURATE multi-line policies - ANSWER-HO policies are _ which mean they combine property and casualty coverages in the same policy. it packages several coverages related to a specific type of exposure, and it reduces the number of policies one has to purchase. person...