Insurance commissioner Study guides, Class notes & Summaries
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QAC LAWS AND REGS EXAM QUESTIONS WITH ANSWERS
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QAC LAWS AND REGS EXAM QUESTIONS WITH ANSWERS 
Upon completion of a pesticide application to agricultural property within 24 hours, the pest control business must 
A. notify the County Ag Commissioner of the application 
B. give a completion notice to the property operator 
C. submit a pesticide use report 
D. give notification to everyone within 1/4 mile of the application - Answer-B 
 
Which types of pesticides used on crops must you complete a "Pesticide Use Report" for? 
A. all pesticides ...
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MS Property & Casualty Exam Questions with answers 2024 passed
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MS Property & Casualty Exam Questions 
The penalty for violating a cease and desist order of the Commissioner might be a loss of license and...? - correct answer A fine up to $1,000 for each violation 
 
An insurer formed under the laws of Mississippi is known as...? - correct answer Domestic Insurer 
 
An insurance company owned by its POLICYHOLDERS is known as a...? - correct answer Mutual Insurer 
 
Is the Commissioner of Insurance appointed or elected? - correct answer The Commissioner is EL...
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Maryland Property & Casualty Insurance Practice | 80 Questions with 100% Correct Answers | Verified | Latest Update 2024
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A broker requests a hearing with the Commissioner. Within how many days of the request must the 
hearing be held? - 30 
Collision coverage extends to rented passenger vehicles that have been rented for - No more than 30 
days. 
Every vehicle insurance policy issued and delivered in Maryland must provide coverage for medical, 
hospital and disability benefits, unless - Waived by the first named insured. 
When an insurer desires to cancel or non-renew a property insurance policy, they must give ad...
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life - colorado law exam questions and answers 100% pass
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life - colorado law exam questions and 
answers 100% pass 
Which type of insurer may pay dividends to policyholders? - Correct Answer ️️ -Mutual 
You must be licensed to sell all of the following EXCEPT: - Correct Answer ️️ -Travel 
accident 
To obtain a Colorado producer's license as a nonresident, you must: - Correct Answer ️️ 
-Have a similar license in your home state 
You need an insurance license to sell all EXCEPT: - Correct Answer ️️ -Prepaid Legal 
If, after a hearing, ...
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PA Motor Vehicle Damage Appraiser's License Questions and Answers 100% Pass
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PA Motor Vehicle Damage Appraiser's License Questions and Answers 100% Pass Applicant Age 18 years or older 
How long do you have to wait to be eligible to retake an examination if you fail? 30 days 
The Commissioner will prescribe the form of the appraiser's license and it will contain: Name of the appraiser Address of the appraiser's place of business Date of issuance and expiration date of license Any other information which the commissioner determines is necessary 
Experience and Fitness ...
Too much month left at the end of the money?
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SC Property, Casualty, Surety, Marine Exam Questions & Answers 100% Answered!!
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Accumulated Depreciation - ANSWERSThe total decrease in an item's value over a period of time. Formula:(Annual Depreciation x Number ofyears used) 1-J 
 
Acreage Reporting Date - ANSWERSThe deadline for providing the insurer with an acreage report, which is used to determine the amount of coverage needed and the premium charged for a particular crop. 3-E 
 
Actual Cash Value (ACV) - ANSWERSA valuation method used by insurers to reflect an item's current market value right before being damaged ...
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Life Insurance Exam: Questions & Answers: Updated A+ Solution
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The Commissioner conducts an examination of a domestic insurer and believes that the costs of examination places an unreasonable financial burden on the insurer. Which of the following will happen? 
a. The federal government will absorb the full cost 
b. The federal government will absorb part of the cost, and the state government will absorb the rest of the cost 
c. The costs will be reduced to the amount that the examinee can reasonable pat; the rest will be paid by the federal government 
d....
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New Jersey Life Insurance Test | Questions with 100% Correct Answers | Verified | Latest Update 2024
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The McCarran-Ferguson Act was passed by Congress to - Redefine the authority of the state and 
federal government to regulate the 
insurance industry 
The principle that insurance is not a transaction of commerce and so should be 
regulated by the state was established in: - Paul v. Virginia 
In New Jersey, a producer who violates a New Jersey insurance law for the first time 
may be fined up to - $5,000 
The New Jersey Banking and Insurance Commissioner has the authority to do all of 
the follo...
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Property & Casualty Test (Indiana Section) Questions with Answers (All Answers Correct)
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Insurance commissioner has the authority to..? - enforce state insurance laws 
Department of Insurance has the power to..? - Supervise the organization, regulation, 
examination, rehabilitation, liquidation and conservation of all insurance companies doing business 
in the state 
Insurance laws have been written to protect - the insuring public 
The commissioner has 3 main authorities - 1. Executive Authority 
2. Legislative Authority 
3. Judicial Authority 
Executive Authority - to enforce stat...
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Washington State Property & Casualty Insurance Exam 100% correct answers
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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...
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