Ga insurance commissioner - Study guides, Class notes & Summaries

In GA, insurance cannot be written by a reciprocal type insurer.: life No insurer or licensee doing business in Georgia may pay any commissions or valuable consideration to any person for services as an agent, subagent, or adjuster unless that person is duly licensed under the: Code Mediation is not on the parties involved, but with arbitration the decision is final and .: Binding Standard and Poor's, A.M. Best and Moody's are examples of:: Independent Rating Services What is the applicat...

LIFE ACCIDENT and SICKNESS GA EXAM QUESTIONS AND ANSWERS 100% PASS What is the maximum yearly contribution can an individual make into an IRA? An HR- 10? - Correct Answer ️️ -2,000 or 100% of earned income, whichever is less; 100% of earned income up to $41,000 which is broader? acc bodily injury or accidental means? - Correct Answer ️️ - accidental bodily injury Who manages a reciprocal? - Correct Answer ️️ -attorney in fact Reserves are defined as... - Correct Answer ️️...

GA PROPERTY & CASUALTY INSURANCE TEST- GA RULES & REGULATIONS EXAM QUESTIONS AND ANSWERS GA Insurance Commissioner - ANS Ralph Hudgens - Serves as Chief Officer of Department of Insurance - Fire Marshall Chief -Elected every 4 years - Can run as as many time as you want - Reports to state legislature - Must not have a financial interest with an insurer - The Commissioner must appoint a chief deputy commissioner and when appointed they are required to have a $15k bond - Chief...

GA PROPERTY & CASUALTY INSURANCE TEST- GA RULES & REGULATIONS GA PROPERTY & CASUALTY INSURANCE TEST- GA RULES & REGULATIONS GA Insurance Commissioner Ralph Hudgens - Serves as Chief Officer of Department of Insurance - Fire Marshall Chief -Elected every 4 years - Can run as as many time as you want - Reports to state legislature - Must not have a financial interest with an insurer - The Commissioner must appoint a chief deputy commissioner and when appointed they are required...

What is the maximum yearly contribution can an individual make into an IRA? An HR-10? - Answer- 2,000 or 100% of earned income, whichever is less; 100% of earned income up to $41,000 which is broader? acc bodily injury or accidental means? - Answer-accidental bodily injury Who manages a reciprocal? - Answer-attorney in fact Reserves are defined as... - Answer-the accounting measurements of an insurer's liabilities to its policy holders No COA required if agent - Answer-Places less than 12...

The GA Constitution calls for the branches of government to be... - Answer-Separate and distinct What is the term of office for a governor and how many consecutive terms can they have? - Answer- 4 years, 2 consecutive terms The Governor must be ____ years old. - Answer-30 What is the exception for governors running more than 2 terms? - Answer-They can sit out for a minimum of 4 years and then run again. No governor has done this since 1940s What is a line item veto? - Answer-a special form...

Georgia pest and termite certification ( Rules and Regulations) Exam Questions with correct Answers 620-1-.01 (Administration) -Correct Answer-Administration of the Georgia structural pest control commission shall be administered by the commissioner of agriculture Whose office is located at: 19 Martin Luther King Junior Drive Atlanta Ga, 30334 620-1-.02 Organization of commission -Correct Answer-Georgia structural pest control commission shall consist of 7 members: - The head of the de...

Georgia Law Exam Questions and Answers 100% Pass The Commissioner is elected by who? For how many years? - Correct Answer ️️ -The public - 4 years The Commissioner will examine domestic insurance companies how often? - Correct Answer ️️ -At least every 5 years. Agents and brokers must keep a record of his business for how long? - Correct Answer ️️ -5 years, or term of the policy, which ever is longer Domestic insurance companies or insurance holding companies are subject to _...

GA ADJUSTER EXAM REVIEW QUESTIONS WITH COMPLETE SOLUTIONS VERIFIED AND UPDATED GUARANTEED PASS In GA, _____insurance cannot be written by a reciprocal type insurer. life No insurer or licensee doing business in Georgia may pay any commissions or valuable consideration to any person for services as an agent, subagent, or adjuster unless that person is duly licensed under the Code Mediation is not _____ on the parties involved, but with arbitration the decision is final and _____. Binding ...

Unit 8: GA Government (Updated 2024) Graded A+ Bill of Rights Article I in the Georgia Constitution that enumerates/lists each citizen's personal freedoms Executive Branch The branch of government that carries out laws Legislative Branch The branch of government that makes the laws Bicameral Kind of legislature the U.S. has Committee Studies and debates a bill before it 'goes to the floor' for discussion with the entire House or Senate Secretary of State I maintain the state's official ...