Louisiana Claims Adjusters Definitions Test 1

An individual who investigates or adjusts losses on behalf of an insurer

A corporation, association, partnership, limited liability company, or limited liability partnership

The state in which the adjuster is licensed and acts as an adjuster

An impression of the lines on the finger taken for purpose of identification

Any type of insurer authorized or approved unauthorized to conduct business in this state

An individual or a business entity

An adjuster is an individual who investigates or adjusts losses on behalf of an insurer.

A business entity refers to a corporation, association, partnership, or other legal entity.

Fingerprints refer to an electronic or ink impression of the lines on the finger taken for the purpose of identification.

False

True

False

Adjuster = An individual who investigates or adjusts losses on behalf of an insurer Business entity = A corporation, association, partnership, limited liability company, limited liability partnership or other legal entity Fingerprints = An impression of the lines on the finger taken for purpose of identification Home state = The District of Columbia and any state or territory of the United States in which the adjuster's principal place of residence or principal place of business is located

Individual = A natural person Insurer = Any type of insurer authorized or approved unauthorized to conduct business in this state Person = An individual or a business entity Uniform individual application = The current version of the National Association of Insurance Commissioners (NAIC) Uniform Individual Application for resident and nonresident individuals

Adjuster = An individual who investigates or adjusts losses on behalf of an insurer as an independent contractor or as an employee Business entity = A corporation, association, partnership, limited liability company, limited liability partnership or other legal entity Home state = The District of Columbia and any state or territory of the United States in which the adjuster's principal place of residence or principal place of business is located Individual = A natural person

An individual who investigates or adjusts losses on behalf of an insurer as an independent contractor or as an employee of an adjustment bureau, an association, a property and casualty producer, an independent contractor, an insurer, or a managing general agent.

A corporation, association, partnership, limited liability company, limited liability partnership, or other legal entity.

The District of Columbia and any state or territory of the United States in which the adjuster's principal place of residence or principal place of business is located. If neither the state in which the adjuster maintains the principal place of residence nor the state in which the adjuster maintains the principal place of business has a substantially similar law governing adjusters, the adjuster may declare another state in which he becomes licensed and acts as an adjuster to be the 'home state'.