Free Insurance Regulation Practice Questions
Texas General Lines — Property & Casualty exam (series InsTX-PC06) — 146 practice questions.
Subtopics: Continuing education, Continuing education ethics, Regulator, License term, Temporary license, Reporting to TDI, Appointment, Commissions, Nonresident license, Certificate of authority, Commissioner powers, Rebating, Misrepresentation, Twisting, Defamation, Boycott and coercion, Unfair discrimination, Insurance fraud, Unfair claims settlement, Prompt payment, Cease and desist, Rate standards, Agent definition, Unauthorized insurer, Controlled business, Commission sharing, Administrative penalties, Fraud reporting immunity, License revocation grounds, Termination for cause, Examination requirement, Business entity license, False advertising, Prompt payment interest, Anti-coercion, Market conduct exam, Consumer complaints, Record retention, Application misrepresentation, Churning, Rebating exception, Commissioner appointment, Surplus lines, Admitted insurer, Commissioner term, Department duties, Department inquiries, Financial examinations, Examination powers, Emergency cease and desist, Sanctions on authorization, Restitution, Administrative penalty amount, Unfair practice hearing, Complaint status, Foreign insurer, Alien insurer, Texas Lloyd's plan, Lloyd's attorney in fact, Business of insurance, Stock and mutual insurers, Who must be licensed, License scope, Minimum age, Application after exam, Fingerprints, Designation exemption, Temporary license training, Temporary license exam, Temporary license commissions, Temporary license limit, Emergency license, Limited license, Managing general agent, Surplus lines license, Adjuster license, Risk manager, Agency license and E&O, Nonresident license status, Interstate move, Additional appointments, Appointment duration, Acting before notice filed, Agency contract termination, Renewals after agency termination, CE classroom requirement, CE carryover, CE exemption, Multiple licenses CE, CE deficiency, Late renewal, Expired license, Reapplication after revocation, Felony conviction, Disciplinary remedies, Acting after revocation, Premium embezzlement, Agent service fees, Compensation disclosure, Internet advertising, Advertising comparisons, P&C dividend advertising, Misrepresentation by omission, Rebating by insured, Widowed insureds, Private action damages, Chapter 541 limitations, Unfair settlement practices, Tax return demands, Complaint records, Fraud reporting deadline, Credit scoring disclosure, Credit adverse action, 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 hours of continuing education must a resident Texas producer complete during each two-year license period?
24 hours
An individual holding a general 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. The agency that licenses producers and regulates insurers in Texas is the:
Texas Department of Insurance
The Texas Department of Insurance (TDI), headed by the Commissioner, regulates insurance in the state.
4. A resident Texas general lines license is generally valid for:
Two years
An individual license expires on the license holder's birthday two years after issue or renewal, so it is renewed every two years.
All General 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.
