Louisiana adjuster - Study guides, Class notes & Summaries

Louisiana Auto Adjuster Exam questions and answers

Louisiana Auto Adjuster Exam questions and answers

Interstate Commerce - ANSWER-Traffic, intercourse, commercial trading or the transportation of persons or property between or among several states of the union or from or between points in one state and points in another state. Paul vs. Virginia - ANSWER-1869; Ratified the regulation of insurance by the states as Congress cannot regulate non-interstate commerce and the 10th Amendment passes the authority on to the state. US vs. Southeast Underwriter's Association - ANSWER-1944; Supreme Co...

Interstate Commerce - Answer Traffic, intercourse, commercial trading or the transportation of persons or property between or among several states of the union or from or between points in one state and points in another state. Paul vs. Virginia - Answer 1869; Ratified the regulation of insurance by the states as Congress cannot regulate non-interstate commerce and the 10th Amendment passes the authority on to the state. US vs. Southeast Underwriter's Association - Answer 1944; Supreme Co...

Resident License - ANSWER Before issuing a claims adjuster license to an applicant under this section the commissioner of insurance must find that the applicant is eligiable -designate LA as his or her home state or is a non-resident eligible for a license resident -Has not committed any act that is ground for denial, suspension, or revocation -has paid required fees -Maintains an office in home state -Has written consent of commission or insurance pursuant to federal laws regulating cri...

Lender Interest Provisions - Answer Protects lender interest by allowing the lender certain rights in the policy. Coinsurance Penalty - Answer A property insurance provision that penalizes the insured's loss recovery if the limit of insurance purchased by the insured is not equal to or greater than a specified percentage (commonly 80 percent) of the value of the insured property. Underinsured - Answer A situation resulting from a failure to carry enough coverage on the value of a property...

Resident License - ANSWERSBefore issuing a claims adjuster license to an applicant under this section the commissioner of insurance must find that the applicant is eligiable -designate LA as his or her home state or is a non-resident eligible for a license resident -Has not committed any act that is ground for denial, suspension, or revocation -has paid required fees -Maintains an office in home state -Has written consent of commission or insurance pursuant to federal laws regulating cri...

LA Claims Adjuster Property and Causality Exam (Louisiana Adjuster Law) exam questions with 100% verified answers

Resident License - Answer- Before issuing a claims adjuster license to an applicant under this section the commissioner of insurance must find that the applicant is eligiable -designate LA as his or her home state or is a non-resident eligible for a license resident -Has not committed any act that is ground for denial, suspension, or revocation -has paid required fees -Maintains an office in home state -Has written consent of commission or insurance pursuant to federal laws regulating cr...

Louisiana P&C Adjuster Exam Prep Questions With Complete Solutions