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Alberta Insurance Council Functions Quiz

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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?

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</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</p> Signup and view all the answers