Free Insurance Regulation Practice Questions
Florida Personal Lines (20-44) exam (series 20-44) — 126 practice questions.
Subtopics: Continuing education, Law and ethics update, Licensing authority, Regulator of insurers, Change of address, Fiduciary capacity, Appointment, Appointment renewal, Certificate of authority, Rebating, Twisting, Sliding, Churning, Misrepresentation, Unfair claim settlement, Insurance fraud, Civil remedy bad faith, Cease and desist, Grounds for license action, Examination exemption, Unlicensed transaction, Department investigations, Transacting insurance, Minimum age, Agent in charge, Agency licensing, Reporting a conviction, Reporting administrative action, Probation, Controlled business, Unfair discrimination, Defamation, Coercion, False advertising, Commingling, Guaranty association, Office of Financial Regulation, Authorized insurer, Insurer domicile, Unauthorized insurers, Code of ethics, Nonresident license, Customer representative, Background check, Financial Services Commission, Head of OIR, Head of DFS, OIR versus DFS duties, DFS consumer services, Rehabilitation and liquidation, Alien insurer, Domestic insurer, Mutual insurer, Reciprocal insurer, Transacting without authority, CE for 6+ year licensees, CE carryover, Personal lines prelicensing, Prelicensing time window, Personal lines agent defined, CPCU exam exemption, Resident agent qualifications, Nonresident home-state license, Appointment renewal filing, Lapse of appointment, Moving out of state, Agent records, Separate account, Administrative fines, Unaffiliated insurance agent, Promotional gifts, Rebate schedule display, Rebating prohibited by insurer, Free insurance, Refusal to insure, Prior declination, Sliding without consent, Fraudulent signatures, Application misrepresentation, Illegal premium charges, Civil remedy basis, Reporting fraud, FIGA homeowners limit, Fair Credit Reporting Act, Gramm-Leach-Bliley, Fraud and false statements, Do Not Call, Terrorism Risk Insurance Act, McCarran-Ferguson Act, Anti-money laundering, CAN-SPAM Act, FCRA reporting periods, FCRA adverse action, FCRA permissible purpose, FCRA disputes, Claims history databases, GLBA opt-out, GLBA privacy notice, GLBA enforcement, Prohibited persons (1033), Prohibited persons (1034), Telemarketing calling hours, Do-Not-Call exceptions, Do-Not-Call registry, History of regulation, Risk retention groups, Purchasing groups, Mandatory flood purchase, NFIP origin, Federal Insurance Office, NAIC role, Personal lines authority, Nonresident licensing, Unfair claims practices, Misrepresentation and advertising, Fraud warning, Guaranty associations
Read the Insurance Regulation study guide
Sample questions & answers
1. How many hours of continuing education must most resident Florida agents complete during each two-year compliance cycle?
24 hours
Florida requires a 4-hour update course specific to the license held plus 20 hours of elective courses every two years (24 total); after 6 years of licensure the elective portion drops to 16 hours (20 total).
2. As part of the required continuing education, each Florida agent (except title agents) must complete which course every two years?
A 4-hour law and ethics update specific to the license held
Florida requires each licensee to complete a 4-hour update course on insurance law and ethics specific to the license held within the biennial CE total.
3. Which Florida agency issues licenses to and regulates insurance agents?
The Department of Financial Services
The Department of Financial Services, headed by the Chief Financial Officer, licenses and regulates insurance agents and adjusters in Florida.
4. Which Florida office regulates the rates, forms, and solvency of insurers?
The Office of Insurance Regulation
The Office of Insurance Regulation regulates insurer solvency and reviews rates and policy forms, while the Department of Financial Services licenses agents.
All Personal Lines (20-44) 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.
