Free Other Casualty Practice Questions
Michigan Casualty exam (series 16-68) — 77 practice questions.
Subtopics: Surplus lines license, Surplus lines availability, Presumed available, Diligent search, Surplus lines notice, Surplus lines tax, Pre-placement disclosure, TRIA administrator, TRIA expiration, TRIA purpose, Malpractice nonrenewal, Solicitor legal expense, Commercial umbrella, Professional liability, Directors and officers, Employment practices liability, Surety bond, Liquor liability, Cyber liability, Garage and dealers, Excess liability, Umbrella self-insured retention, Medical malpractice, Fidelity bond, Performance bond, License and permit bond, Environmental liability, Personal umbrella, Umbrella drop down, Maintenance of underlying insurance, Umbrella retained limit, Business exclusion, Homeowners additional coverages, Homeowners Section II, Homeowners exclusions, Personal liability, Insurer's right to settle, Errors and omissions, D&O insurance authority, D&O coverage, Fiduciary liability, EPLI, Cyber, Surety bond types, Federal construction bonds, Judicial bonds, Public official bonds, Surety vs insurance, Aircraft liability, Watercraft liability, Pollution liability, Product recall, Nonprofit D&O, Umbrella vs excess, Surety bonds, Surety bond parties, Miller Act, Penal sum, Consent of surety, Fidelity vs surety, ERISA bond, Court bonds, SBA surety guarantee
Read the Other Casualty study guide
Sample questions & answers
1. In Michigan, a person who acts as an agent or broker in placing surplus lines insurance must:
Hold a surplus lines license
Section 1905(1) bars soliciting, binding, or acting as agent or broker for surplus lines insurance unless licensed under chapter 19.
2. A Michigan surplus lines licensee may not place coverage with an unauthorized insurer if the coverage is:
Available from an authorized insurer
Section 1910(1) prohibits placement with an unauthorized insurer if coverage is available from an authorized insurer.
3. Michigan presumes that which coverage is available from authorized insurers, making surplus lines placement generally improper?
Required no-fault auto insurance
Section 1910(2)(a) creates a rebuttable presumption that no-fault automobile insurance required by section 3101 is available from authorized insurers.
4. Michigan presumes coverage is unavailable from authorized insurers when the licensee:
Cannot procure it after a diligent search
Section 1910(3)(b) presumes unavailability for any coverage the licensee is unable to procure after diligent search among authorized insurers.
Practice: Other Casualty
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.
