What illegal act does a producer commit when the producer represents a policy in a
more favorable light than the policy really is?
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misrepresentation
Who owns stock companies?
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stockholders
An agent offers a client free tickets to a sporting event in exchange for the purchase
of an insurance policy. What is the agent guilty of?
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Rebating
Who must be notified of a producer's change of address?
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The Department of Insurance (Commissioner/Director/Superintendent)
If a producer makes maliciously critical statements about another insurer, what is this
illegal practice called?
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defamation
Who is responsible for the cost associated with the examination of insurers?
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