Free Insurance Regulation Practice Questions
California Property and Casualty Broker-Agent exam (series Property & Casualty) — 133 practice questions.
Subtopics: Continuing education, Ethics CE, Prelicensing course, Regulator, Commissioner selection, License types, Acts requiring license, Certificate of authority, Appointment, Fiduciary funds, Rebating, Twisting, Misrepresentation, Defamation, Boycott coercion, Unfair discrimination, Unfair claims settlement, Insurance fraud, Guaranty association, Rate regulation, Prior approval, Privacy, Surplus lines, License discipline, Notice of address change, Solicitor, Controlled business, License number on advertising, Commissioner term limit, Civil penalty, Fair claims acknowledgment, Claim acceptance timeframe, Claim payment timeframe, Access to personal information, Adverse underwriting decision, Guaranty association cap, Guaranty association small claims, Nonadmitted insurer, Unlicensed transaction, Certificate of convenience, Nonresident license, Fraud reporting immunity, Cease and desist, Concealment, Material misrepresentation, Insurer domicile, Reciprocal exchange, Broker fee disclosure, Rate intervention, Annual statement, Transact definition, Unlicensed penalty, Agent definition, Broker presumption, Solicitor appointment, Inactive license, Surrender of license, Background change reporting, Reportable background events, Effective date disclosure, Fictitious names, Name disapproval, Internet advertising, License number type size, CE exemption, Ethics CE content, Prelicensing after AB 943, Shall and may, Notice by mail, Required policy contents, Concealment exceptions, Breach of warranty, Domestic insurer, Nonadmitted insurer risk, Surplus line binding, Surplus line requirement, Advertising nonadmitted insurers, Free insurance, Commissioner vacancy, Willful UPA penalty, Unfair claims practices, Claim file documentation, Department inquiries, Claim status updates, Claim denial notice, Unruh characteristics, Pretext interviews, Seizure order records, CIGA exclusions, CIGA dwelling cap, CIGA workers comp, Fraud warning, Insurer fraud reporting, False claim form, Agent fraud response, Trust account, Classes of insurance, Emergency premium grace, Rebating under Prop 103, Nonresident license basis, Licensing statements, Unfair practices statements, Federal fraud statute, Fair Credit Reporting Act, Gramm-Leach-Bliley, Terrorism Risk Insurance Act, Do Not Call, McCarran-Ferguson Act, NAIC role, Anti-money laundering, Fraud warning statements, Federal Insurance Office, Surplus lines regulation, Risk retention groups, Unfair trade practices, Fiduciary duties, Insurer solvency, Producer licensing, Fraud, Federal regulation
Read the Insurance Regulation study guide
Sample questions & answers
1. A California resident property and casualty broker-agent must complete how many CE hours each two-year term?
24 hours
California requires 24 hours of approved continuing education each two-year license term.
2. How many of the required CE hours must be in ethics for a California licensee each cycle?
3 hours
California requires at least 3 hours of ethics CE within the 24-hour renewal requirement.
3. Before a California property and casualty license is issued the applicant must complete an ethics and Insurance Code course of:
12 hours
A 12-hour ethics and California Insurance Code course, including 1 hour on fraud, is required before licensure.
4. The chief regulator of insurance in California is the:
Insurance Commissioner
The elected Insurance Commissioner heads the California Department of Insurance and enforces the Insurance Code.
All Property and Casualty Broker-Agent topics
Practice: Insurance Regulation
Answer choices are shuffled every time, and every question comes with an explanation.
Practice questions are study aids generated for exam preparation and are not actual exam questions. Content is provided for educational purposes and is not legal advice. Verify current statutes, rules, and exam specifications with the Insurance Department and the exam administrator before relying on it.
