Adjuster responsibilities - Study guides, Class notes & Summaries
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Louisiana P&C Adjuster Exam Prep 2024 Verified Questions and Answers Graded A
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The one who receives the authority to act on behalf of someone else? - Agent 
 
what does a sale's agent receive authority for? - to sell 
 
An insurance agent receives authority to what? - Settle claims brought against the insurer 
 
How do agents receive their authority? - written contract 
 
What is the power to bind? - an agent's authority can bind: 
 
-what an agent says or does can bind insurer 
-agents should take the utmost care in what they say or do 
-even if insure makes mistakes,...
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Florida Adjuster Exam Questions and Answers 100% Pass
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Florida Adjuster Exam Questions and 
Answers 100% Pass 
Which of the following is NOT one of the duties of the Department of Financial 
Services? 
b. Dept does NOT set rates nor write policies - Answer- Set rates and write policies for 
various company products 
The adjuster has a particular relationship to his principal, the insurer. Which of the 
following best describes this relationship? - Answer- It is a fiduciary relationship. 
The Claims Adjuster's role in the insurance industry includes...
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Louisiana Insurance Adjuster Verified Answers
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Louisiana Insurance Adjuster Verified Answers 
3 Degrees of Liability ️1.)Full Liability - The insured party is 100% at fault for damages to a third party. 
2.)Partial Liability - the insured party is only partially at fault or shares fault with a third party. 
3.)No Liability - the insured party has 0% or no liability in the damage to a third party. 
3 Major Responsibilities of Contracted Agents ️1.) Adhere to of follow the contract 
2.) Use reasonable judgement and care 
3.) Provide ...
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NY Life, Accident, and Health Insurance Agent/Broker Exam Series 17-55 Study Guide 2024 Top-Rated
- Exam (elaborations) • 44 pages • 2023
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Process 2103 (d-i) - 1. The Superintendent may issue a license to any person, firm or corporation who has complied with the requirements of the Insurance Code, authorizing the licensee to act as agent of any authorized insurer. Every individual applicant for a license under this section and every proposed sub-licensee must be 18 years of age or older at the time of issuance of such license. The person must submit to and pass a written examination required by the Superintendent. 
 
Producer Defin...
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Adjuster's License Test - Adjusting Losses Exam Questions and Answers
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Adjuster's License Test - Adjusting Losses 
Exam Questions and Answers 
A public adjuster Primarily represents the interests of: -Answer-The insured named in 
the policy 
Adjusters employed by State Farm, Allstate, and Travelers would be considered what 
type of adjusters -Answer-Company or Staff 
The CT insurance Dept. regulates activities of PAs by setting fourth specific rules in 
communicating settlement offers from the insurer of their clients. Accordingly, upon 
receipt of an offer to set...
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Indiana Adjuster Pre-Licensing Exam Questions and Answers Graded A+
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Indiana Adjuster Pre-Licensing Exam 
Questions and Answers Graded A+ 
What is an Agent? -Answer-One who receives authority to act on behalf of someone 
else 
Who are the two agents? -Answer-Sales Agent & Insurance Adjuster 
What is Power to Bind -Answer-What the agent says or does can bind the insurer 
What are the three responsibilities? -Answer-Adhere/follow the contract, Use good 
judgment and care at all times, Provide necessary info to the insurer. 
What are the three types of Authority? -A...
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AINS 101 Prep Exam Tested Questions With Revised Correct Detailed Answers GRADED PASS
- Exam (elaborations) • 98 pages • 2024
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AINS 101 Prep Exam 
Tested Questions With Revised 
Correct Detailed Answers 
GRADED PASS 
 
1) Adjuster Toni is evaluating damages in a bodily injury liability claim where she 
has determined that the insured is completely at fault for the accident. The 
claimant suffered a sprain and strain injury to his neck. His special damages 
total $1,500. He was out of work for a week, was disabled and prevented from 
performing some regular activities for a month, and attended physical therapy...
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Adjuster's License Test - Adjusting Losses Exam Questions and Answers
- Exam (elaborations) • 9 pages • 2024
- Available in package deal
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- $12.49
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Adjuster's License Test - Adjusting Losses 
Exam Questions and Answers 
A public adjuster Primarily represents the interests of: -Answer-The insured named in 
the policy 
Adjusters employed by State Farm, Allstate, and Travelers would be considered what 
type of adjusters -Answer-Company or Staff 
The CT insurance Dept. regulates activities of PAs by setting fourth specific rules in 
communicating settlement offers from the insurer of their clients. Accordingly, upon 
receipt of an offer to set...
-
NY Life, Accident, and Health Insurance Agent/Broker Exam Series 17-55 Already Passed
- Exam (elaborations) • 49 pages • 2024
- Available in package deal
-
- $12.49
- + learn more
NY Life, Accident, and Health Insurance Agent/Broker 
Exam Series 17-55 Already Passed 
Process 2103 (d-i) - Answer ️️ -1. The Superintendent may issue a license to any person, firm 
or corporation who has complied with the requirements of the Insurance Code, authorizing the 
licensee to act as agent of any authorized insurer. Every individual applicant for a license under 
this section and every proposed sub-licensee must be 18 years of age or older at the time of 
issuance of such license....
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RMIN 4000 Exam 3 Questions and Answers | Latest Update | 2024/2025 | 100% Pass
- Exam (elaborations) • 35 pages • 2024
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RMIN 4000 Exam 3 Questions and 
Answers | Latest Update | 2024/2025 | 
 
100% Pass 
 
What is the purpose of risk pooling in insurance? 
 Risk pooling spreads the financial impact of risks across a large group, reducing the burden 
on any individual member. 
 
How does the principle of indemnity work in insurance? 
 The principle of indemnity ensures that the insured is compensated for a loss to the extent of 
their financial loss, but not more. 
 
What is the difference between a liability insu...
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