Free Insurance Regulation Practice Questions
New York Property & Casualty exam (series 17-56) — 134 practice questions.
Subtopics: Continuing education, License duration, Acts requiring a license, Temporary license, Reporting actions, Change of address, Appointment and termination, Fiduciary duty, Rebating, Unfair discrimination, Misrepresentation, Defamation, Boycott and coercion, Unfair claims settlement, Regulator, Certificate of authority, Rate regulation, Excess line, Insurance fraud, Fraud warning, Commercial cancellation, Penalties, Broker definition, Consultant license, Business entity license, Prelicensing education, Referral compensation, Records retention, Cybersecurity, Producer compensation disclosure, Fraud prevention plan, Examination of insurers, Solvency reporting, Force of regulations, Sharing commissions, Unauthorized insurer, Sliding, Claim acknowledgment, Privacy, Nonresident license, Consultant contract, Public adjuster, Hearings, CE noncompliance, Licensing age, License expiration, Licensing process, Written consent 1033, Appointments, Termination for cause, Reporting criminal actions, Assumed names, Unlicensed commissions, Definitions, Nonresident licensing, Controlled business, Premium handling, Fiduciary responsibility, Fiduciary records, Fees and compensation, License display, Fraud reporting, Fraud penalties, False advertising, Superintendent powers, Claims practices, Coercion and tie-ins, 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. How many CE credit hours must a resident New York property and casualty producer complete during each two-year licensing period?
15 hours
New York requires 15 credit hours of continuing education each biennial licensing period to renew a producer license.
2. A resident New York producer license is generally issued and renewed on what basis?
Biennially (every two years)
New York producer licenses are issued and renewed on a biennial (two-year) basis.
3. Which activity requires a New York property and casualty producer license?
Negotiating, selling, or soliciting insurance
A license is required to sell, solicit, or negotiate insurance for compensation.
4. A temporary New York producer license is primarily intended to:
Continue a producer's business after death, disability, or military absence
A temporary license keeps a producer's business operating after events such as death, disability, or active military service.
All Property & Casualty 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.
