Commissioner of Insurance in Louisiana
9 Questions
1 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

According to RS 22:1967, what power does the commissioner of insurance have?

  • The power to examine and investigate into the affairs of every person engaged in the business of insurance (correct)
  • The power to engage in unfair methods of competition
  • The power to determine whether a person has violated R.S. 22:1902 et seq.
  • The power to engage in unfair or deceptive acts or practices prohibited by this Part
  • What is the purpose of the commissioner of insurance's examination and investigation?

  • To determine whether a person has been engaged in any unfair method of competition or unfair or deceptive act or practice (correct)
  • To engage in unfair or deceptive acts or practices prohibited by this Part
  • To engage in unfair methods of competition
  • To determine whether a person has violated R.S. 22:1902 et seq.
  • What does R.S. 22:1967 prohibit?

  • Unfair methods of competition
  • Violations of R.S. 22:1902 et seq.
  • Examination and investigation into the affairs of every person engaged in the business of insurance
  • Unfair or deceptive acts or practices (correct)
  • Which of the following statements about the power of the commissioner of insurance is true?

    <p>The commissioner of insurance has the power to examine the affairs of every person engaged in the business of insurance.</p> Signup and view all the answers

    What is the purpose of the commissioner of insurance's examination and investigation?

    <p>To determine if a person has been engaged in any unfair or deceptive act or practice.</p> Signup and view all the answers

    What does R.S. 22:1967 empower the commissioner of insurance to do?

    <p>To examine and investigate into the affairs of every person engaged in the business of insurance.</p> Signup and view all the answers

    Which of the following is within the power of the commissioner of insurance according to RS 22:1967?

    <p>To determine whether a person engaged in the business of insurance has violated R.S. 22:1902 et seq.</p> Signup and view all the answers

    What does the commissioner of insurance have the power to examine and investigate according to RS 22:1967?

    <p>The affairs of every person engaged in the business of insurance</p> Signup and view all the answers

    What is the purpose of the commissioner of insurance's examination and investigation according to RS 22:1967?

    <p>To determine whether a person engaged in the business of insurance has engaged in unfair competition or deceptive acts or practices</p> Signup and view all the answers

    More Like This

    Insurance Regulation Quiz
    15 questions

    Insurance Regulation Quiz

    RelaxedCherryTree avatar
    RelaxedCherryTree
    Insurance Regulation and Rights Quiz
    26 questions
    Use Quizgecko on...
    Browser
    Browser