Podcast
Questions and Answers
According to Title 22 - Insurance §1671, how often should a licensed claims adjuster file an application for renewal of their license?
According to Title 22 - Insurance §1671, how often should a licensed claims adjuster file an application for renewal of their license?
- Every four years
- Every two years (correct)
- Every three years
- Every year
What lines of authority can a claims adjuster receive qualification for?
What lines of authority can a claims adjuster receive qualification for?
- Property and casualty only
- Workers' compensation only
- Crop only
- All of the above (correct)
What is the penalty for failing to file a change of address, legal name, or submitted information within the required time?
What is the penalty for failing to file a change of address, legal name, or submitted information within the required time?
- $10 fine per violation
- $100 fine per violation
- $50 fine per violation (correct)
- $25 fine per violation
According to the text, what is the maximum fine that a claims adjuster may be subject to for using a nonapproved trade name?
According to the text, what is the maximum fine that a claims adjuster may be subject to for using a nonapproved trade name?
According to the text, what is the time limit for a licensed claims adjuster to reinstate their lapsed license?
According to the text, what is the time limit for a licensed claims adjuster to reinstate their lapsed license?
According to the text, what must a claims adjuster do prior to using or changing any trade name?
According to the text, what must a claims adjuster do prior to using or changing any trade name?
According to the text, who may the commissioner of insurance contract with to perform licensing functions?
According to the text, who may the commissioner of insurance contract with to perform licensing functions?
True or false: A claims adjuster license can be issued without meeting the requirements of this Part.
True or false: A claims adjuster license can be issued without meeting the requirements of this Part.
True or false: A claims adjuster license remains in effect as long as the request for renewal has been filed and the fee has been paid.
True or false: A claims adjuster license remains in effect as long as the request for renewal has been filed and the fee has been paid.
True or false: A claims adjuster must notify the commissioner of insurance within thirty days of any change in address or legal name.
True or false: A claims adjuster must notify the commissioner of insurance within thirty days of any change in address or legal name.
True or false: A claims adjuster is required to notify the commissioner of insurance prior to using a trade name other than their legal name?
True or false: A claims adjuster is required to notify the commissioner of insurance prior to using a trade name other than their legal name?
True or false: If a claims adjuster continues to use a nonapproved trade name after being notified by the commissioner of insurance to cease using it, they may be subject to an additional fine?
True or false: If a claims adjuster continues to use a nonapproved trade name after being notified by the commissioner of insurance to cease using it, they may be subject to an additional fine?
True or false: A licensed claims adjuster is subject to R.S. 22:1921 et seq., which relates to insurance fraud?
True or false: A licensed claims adjuster is subject to R.S. 22:1921 et seq., which relates to insurance fraud?
True or false: A licensed claims adjuster who allows their license to lapse for more than twenty-four months must fulfill the requirements for issuance of a new license?
True or false: A licensed claims adjuster who allows their license to lapse for more than twenty-four months must fulfill the requirements for issuance of a new license?
