The Louisiana insurance Guaranty Association Board of Directors are placed in office
by - ✔✔election and appointment
States with monopolistic state workers compensation funds - ✔✔Do not allow private
insurers to be li
...
The Louisiana insurance Guaranty Association Board of Directors are placed in office
by - ✔✔election and appointment
States with monopolistic state workers compensation funds - ✔✔Do not allow private
insurers to be licensed to write workers compensation coverage
This state provided for a temporary licenses for all of the following EXCEPT - ✔✔A
producer's retirement
Which of the following producers will be required to complete continuing education
hours to renew his license? - ✔✔A producer licensed 4 years ago who holds only one
line of authority.
A producer has been notified by the commissioner to stop using an unapproved trade
name. How many days does the producer have to change the trade name before facing
a fine? - ✔✔10 days
Which of the following is NOT considered a misrepresentation as it pertains to unfair
trade practices? - ✔✔
The Pro rata liability clause is designed to protect the principle of - ✔✔Indemnity
When a resident producer changes his residence address, the Insurance Department
must be notified within - ✔✔30 days
A building is insured, but no one has lived or worked in it for 10 years. The building is
completely empty of any furniture or personal belongings. From an Insurance
standpoint, the building is considered. - ✔✔Vacant
An insurer publishes intimidating brochures that portray the insurer's competitions as
financially and professionally unstable. Which of of the following best describes this act.
- ✔✔Legal, under any circumstances
Which bonds are required by courts whenever someone seeks a court order stating
another person must or must not dot something?
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