Exam (elaborations)
Florida 2-20 General Lines Agent 29th Edition Questions and Answers 2024
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Florida 2-20 General Lines Agent 29th Edition
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Florida 2-20 General Lines Agent 29thEdition
Chief Financial Officer - answer head of department and regulates insurance agents,
insurance fraud, insolvent and impaired insurers, and insurance insurance consumer
protection
Division of Agent and Agency Services - answer approve the issuance of licenses to
agents and claims adjusters after having satisfied itself that the applicant is in good
faith, qualified to write and service or adjust claims on property and casualty insurance
Commissioner of the Office of Insurance Regulation - answer administers insurance
company regulation, including licensing, rates, policy forms, market conduct, claims,
certificates of authority and solvency and appointed by the financial services
commissioner
Financial Services Commissioner - answer administers banking and securities
regulation through the appointment of the Director of the Office of Financial Regulation
Office of Insurance Regulation - answer examine the qualification of insurance
companies seeking to do business in Florida and admitting such companies to the state
when they have met the necessary qualifications as well as responsibility in the area of
insurance policy forms, rules and rates.
The Office of Financial Regulation - answer provides regulatory oversight to Florida's
financial services providers including banks, credit unions, finance companies, and the
securities industry
The Florida Surplus Lines Office - answer oversees the surplus lines insurance industry
by reviewing all surplus lines insurance policies and documents, maintain records of
policies and report to the DFS, collect surplus lines taxes, collect service fees, and train
and educate Surplus lines agents
HO-2 - answer(broad form): covers the dwelling, other structures, and personal property
on a named perils basis
HO-3 - answerthe special form provides HO-5 coverage on one's dwelling and private
structures and HO-2 coverage on one's personal property
HO-4 - answerApartment Dwelling Coverage
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