Adjuster for all lines - Study guides, Class notes & Summaries

The Commissioner of Insurance in Mississippi is elected to office for a term of 4 years The burden of proof for determining that a producer is representing an authorized insurer falls on The producer The fine the Commissioner may levy for violating any provision of the Insurance Code is $1000 A foreign insurer An insurer formed under the laws of any state other than Mississippi would be known as Each of the following is true about the Mississippi Residential Prope...

Adjuster - Answer any person who, as an independent contractor, or as an employee of an independent contractor; adjustment bureau; association; insurance company or corporation; local recording agent; managing general agent; or self-insured, investigates or adjusts losses on behalf of either an insurer or a self insured, or any person who supervises the handling of claims." Staff Adjusters - Answer are on the payroll of an insurance company and are paid a salary or by the hour. These a...

Payment may be made if which of the following procedures has been executed?A Walk-Away release. The walk-away release indicates the final disposition of the matter and relinquishes the claimant's right to sue so payment may be issued. In some states the signing of the payment check indicates a walk-away release. What type of automobile coverage might a person need if he or she does not own a vehicle? Answer Choices: Select the Correct Answer A named non-owner auto policy. An ...

Texas all lines adjuster exam 378 Questions with 100% Correct Answers LATEST UPDATES 2023 All of the following are criteria for an accident to have occurred "in the course of" the employment under a workers' compensation policy, EXCEPT: - correct answers-While performing a task that a fellow worker requested, that was unusual to the employee's job description, but occurred on the employer's premises during working hours. Which of the following statements is NOT TRUE regarding the implie...

Michigan Surplus Lines Insurance Exam Prep questions and answers latest top score. (1)Surplus Lines premiums typically expand during: A) A soft Market B) A Hard Market - correct answers.A Hard Market. Surplus lines premiums typically expand during a hard market. (2) During the time of a hard market, insurers will: A) Tighten their underwriting standards B) Loosen their underwriting standards - correct answers.A) Tighten their underwriting standards. Tighten and ra...

Texas All-Lines Adjuster course Final Exam Questions With Complete Solutions(100%verified) A severe thunderstorm damaged a policyholder's residence. He called and asked how long it would be before he receives payment for his claim. Which of the following would NOT be an appropriate response? - correct answer...We have 6 months to reach a final settlement with you. Janelle has just graduated college and is interested in becoming an adjuster. she would like to be able to handle any type of ...

Connecticut Casualty Adjuster for All Lines (+220 Questions And Answers |100% Pass Which of the following professional liability policies would also cover bodily injury damages? o Architects and Engineers E&O o Insurance agents E&O o Lawyers E&O o Fiduciary Legal Liability {{Correct Ans- Architects and Engineers E&O A person, firm, or corporation that, for compensation, acts on behalf of an insured in negotiating the settlement of certain claims for loss or damage to property is kno...

Florida 6-20 All Lines Adjuster Test| 276 questions| 50 Pages| With Complete Solutions A public adjuster represents the interest of: A. The insurer B. The Insured C. The employer D. The interest of the general public - Correct Answer -B. The insured Which of the following is the type of report that indicates the initial results of a claim investigation? A. Field Report B. Interim Report C. Full Report D. None of the above - Correct Answer -A. Field Report States have adopted statute...

Texas All lines Adjuster Latest Exam With Verified Answers 2023 Graded 100%. All of the following are criteria for an accident to have occurred "in the course of" the employment under a workers' compensation policy, EXCEPT: - ANSWER While performing a task that a fellow worker requested, that was unusual to the employee's job description, but occurred on the employer's premises during working hours. Which of the following statements is NOT TRUE regarding the implied warranties of an O...

Texas all lines adjuster exam 2024/2025 already graded A+