Free Insurance Regulation Practice Questions
Ohio Property & Casualty exam (series 11-36) — 152 practice questions.
Subtopics: Lines of authority, Rate standards, Public adjusters, Continuing education, Fraud, Rebating, Appointment, License action, Disclosure of insurer, Rate filing, Advertising, Nonresident licensing, Reporting criminal actions, Appointment filing, Agency authority, When appointment is required, Appointment renewal, Referral fees, Commissions, Reporting administrative actions, Cease and desist, Penalty classes, Hearings, Department inquiries, Disclosure of appointment, Non-insurance products, Civil penalties, Refund obligations, Timely submission, Surrender for cause, Placement without consent, Post-termination conduct, Unauthorized insurers, 18 USC 1033, Adverse action notice, Fair Credit Reporting Act, Agent fees, Fraud referral timing, Insurance fraud, Fraud penalties, Fraud reporting immunity, Insurer fraud reporting, Antifraud plans, Fraud warning, Application after exam, Change of address, License eligibility, Criminal records check, CE credits, CE exemptions, Assumed names, Demographic changes, Business entity license, Renewal extension, Change of home state, Inactive status, Late renewal, Modification of revocation, Relocating agents, Prelicensing education, Prelicensing exemptions, Revoked license, Reinstatement, License renewal, License surrender, Temporary license, Unlicensed activity, Appointments, Privacy notice, Disclosure authorization, Cybersecurity events, Information security program, Cybersecurity records, Rate filing (casualty), Rate making, Rate filing (property), Rating organizations, Certificate of authority, Insurer examinations, Retaliatory law, Regulator, Regulator powers, Termination notice, Unfair trade practices scope, False advertising of assets, Administrative remedies, Unfair trade practice penalties, Defamation of insurer, Inducements, Pattern settlements, Rebating exceptions, Unfair discrimination, Consent agreements, Misrepresentation and twisting, Federal fraud statute, Gramm-Leach-Bliley, Terrorism Risk Insurance Act, Do Not Call, McCarran-Ferguson Act, NAIC role, Unfair claims settlement, Anti-money laundering, Fraud warning statements, Federal Insurance Office, Surplus lines regulation, Risk retention groups, Unfair trade practices, Fiduciary duties, Insurer solvency, Producer licensing, Federal regulation
Read the Insurance Regulation study guide
Sample questions & answers
1. To sell homeowners, personal auto, and commercial general liability insurance in Ohio, a producer needs:
The property and casualty lines of authority
Personal lines authority is limited to property and casualty coverage sold to individuals and families for noncommercial purposes, so commercial liability requires the casualty line (with property for property coverages).
2. Ohio law requires that property and casualty insurance rates be:
Not excessive, inadequate, or unfairly discriminatory
Ohio's rating law states that rates shall not be excessive, inadequate, or unfairly discriminatory.
3. A contractor offers, for a percentage of the settlement, to negotiate an Ohio homeowner's fire claim with the insurer. Ohio law requires the contractor to hold:
A public insurance adjuster certificate
Anyone who for compensation negotiates or effects settlement of property claims on behalf of an insured must hold a public insurance adjuster certificate; Ohio has no independent adjuster license, and independent adjusters representing insurers are exempt.
4. How much continuing education must an Ohio resident P&C agent complete each license renewal period?
24 hours, including 3 hours of ethics
Each resident agent must complete at least twenty-four hours of approved CE per renewal period, including at least three hours of ethics.
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.
