Rplu - Study guides, Class notes & Summaries

RPLU 2: Module 1: Fundamentals of Liability Insurance Test with Questions and Answers Verified 100% Correct Latest Update

RPLU 18 - Exam questions and Answers Verified 100% Correct Latest Update

RPLU-05 Reinsurance Test | Questions and Answers Verified 100% Correct

RPLU Commercial General Liability Insurance: Overview Test | Questions and Answers Verified 100% Correct

Americans with Disabilities Act (ADA) 1990 - ️️A federal law that protects disabled individuals against employment discrimination and requires employers to offer reasonable accommodations to employees with disabilities. Alternative Dispute Resolution (ADR) - ️️The methods, including mediation and arbitration, of settling disputes by means other than court trial that are typically less costly and more expeditious than the litigation process Affirmative Action - ️️The proactive m...

RPLU 9 Public/Financial D&O Liability Insurance Exam | Questions and Answers Verified 100% Correct

What factors regarding Territory affect UW rates, and why? - ️️* Some states are more litigious since individuals may be more likely to sue * Courts in states may have set precedents making it easier to collect from design firms * Location of home office determines the state rate * Need additional licenses to practice in other states * Coastal regions are issues * California, Florida, and New Jersey are tough and may pay more for E&O insurance What were some of the key findings of the ...

Surplus Exam 2.0 WA Questions And Answers In Washington, what types of actions must be reported by surplus lines brokers - ANS Surplus lines brokers must report transactions, premium taxes, and any placements with non-admitted insurers. How often are surplus lines brokers required to report transactions to the state insurance commissioner? - ANS Surplus lines brokers are required to report transactions quarterly. What is the purpose of surplus lines insurance in Washington State? - ...

Arbitration - ️️A method of ADR that allows the disputing parties to present arguments and evidence to an independent and impartial third party (arbitrator) and that usually binds the parties to the arbitrator's decision Commercial General Liability Insurance (CGL) - ️️A type of insurance that provides coverage for commercial risks for losses arising out of business operations involving bodily injury and property damage, except those specifically excluded, including professional...