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Florida statues, rules, and regulations common to all lines (4) Questions and Answers

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Florida statues, rules, and regulations common to all lines (4) Questions and Answers

The office of insurance regulation is responsible for all of the following insurer activities EXCEPT {{Correct Ans- Issue of securities

 

Which of the following is NOT a responsibility of the office of insurance regulations? {{Correct Ans- Enacting new insurance laws

 

What are the 2 offices of financial services commission? {{Correct Ans- The Office of Financial Regulation and the Office of Insurance Regulation.

 

A licensed agent must complete how many hours of continuing education specific to ethics and regulatory updates? {{Correct Ans- 5

 

Back in college Bob was arrested on drug charges that were eventually erased from his records after completing medical school he applies for a disability policy and does not reveal this information he is issued a standard policy 17 months later he incurs a substantial claim due to back injury while investigating the circumstances of the claim the insurance company discovers the earlier drug use what will most likely happen? {{Correct Ans- The policy will be voided

 

If a person accumulate more continuing education hours that is necessary to fulfill the requirements for a two year period Which of the following will occur? {{Correct Ans- The extra hours may be continued into the next period

 

An applicant for an insurance agent license must {{Correct Ans- Complete a pre-licensing education course

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[Solved] Florida statues, rules, and regulations common to all lines (4) Questions and Answers

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Florida statues, rules, and regulations common to all lines (4) Questions and Answers The office of insurance regulation is responsible for all of the following insurer activities EXCEPT {{Correct Ans- Issue of securities Which of the following is NOT a responsibility of the office of insurance regulations? {{Correct Ans- Enacting new insurance laws What...
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