Free Insurance Regulation Practice Questions
Texas Personal Lines Property & Casualty exam (series InsTX-PersPC55) — 115 practice questions.
Subtopics: Continuing education, Continuing education ethics, Licensing authority, License application, Temporary license, License term, Reporting to TDI, Appointment, Nonresident license, Commissions, Rebating, Twisting, Misrepresentation, Defamation, Unfair discrimination, Commissioner powers, Fiduciary duty, License denial, Insurance fraud, Unfair claims settlement, Prompt payment, Certificate of authority, Agent definition, Surplus lines, Controlled business, Commission sharing, Administrative penalties, Cease and desist, Fraud reporting immunity, Termination for cause, Business entity license, False advertising, Prompt payment interest, Boycott and coercion, Market conduct exam, Consumer complaints, Record retention, Churning, Rebating exception, Commissioner appointment, Unearned premium, Admitted insurer, Unfair claim settlement, Anti-coercion, Personal lines license scope, Personal lines add-on authority, Commissioner term, Department inquiry, Emergency cease and desist, Administrative penalty cap, Domestic, foreign, alien, Texas Lloyd's plan, Exam requirement, Temporary license restriction, Appointment notice, Ethics CE, CE classroom, Longevity exemption, Late renewal fee, Reexamination, Revocation waiting period, Grounds for discipline, Agent fees, Referral fees, Fraud reporting, Private suit treble damages, Credit scoring limits, Credit negative factors, Underwriting guidelines, 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 CE hours must a resident Texas personal lines producer complete each two-year license period?
24 hours
An individual holding a personal lines property and casualty license must complete 24 hours of continuing education during each two-year license period.
2. At least how many of the 24 required CE hours each license period must be in ethics?
3 hours
Texas Insurance Code 4004.054 requires three hours of ethics continuing education during each license renewal period.
3. Who issues insurance producer licenses in Texas?
The Texas Department of Insurance
The Texas Department of Insurance, headed by the Commissioner, licenses and regulates producers.
4. To obtain a Texas personal lines license, an applicant generally must:
Pass the required examination and submit an application
An applicant must pass the licensing examination for the line and file a completed application with TDI.
All Personal Lines 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.
