Alberta Insurance Council Functions Quiz

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Questions and Answers

What is one of the functions delegated to the Alberta Insurance Council (AIC)?

  • Issuing driver's licenses
  • Receiving applications for Certificates of Authority (correct)
  • Collecting property taxes
  • Enforcing traffic regulations

What is the AIC permitted to do in accordance with the Insurance Act (2000)?

  • Collect fees and levies payable by insurers, insurance agents, and adjusters (correct)
  • Manage public transportation systems
  • Regulate environmental policies
  • Enforce labor laws

What does the AIC maintain as per the Insurance Act?

  • Register of Business Names
  • Register of Land Titles
  • Register of Births and Deaths
  • Register of the Insurance Act (correct)

What type of complaints does the AIC investigate on behalf of councils?

<p>Complaints regarding alleged contraventions of the Insurance Act or regulations by holders or former holders of Certificates of Authority (D)</p> Signup and view all the answers

What administrative function is the AIC authorized to arrange or perform?

<p>Performing administrative functions necessary for enabling councils to perform delegated powers, duties, and functions (A)</p> Signup and view all the answers

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