1. Exam Prep
  2. New Jersey
  3. Property & Casualty
  4. Insurance Regulation

Free Insurance Regulation Practice Questions

New Jersey Property & Casualty exam — 40 practice questions.

Subtopics: Regulator, CE total, Ethics, License term, PLIGA, PLIGA limits, Auto cancellation, Nonrenewal notice, Homeowners cancellation, FAIR plan, Rate regulation, Binder, Certificate of authority, Surplus lines, Licensing acts, Appointment, Termination, Temporary license, Rebating, Unfair claims, Fraud, Penalties, Fiduciary, Prelicensing, Nonresident, Flood training, Privacy, Claims good faith, Adjusters, Proof of insurance, Federal fraud statute, Fair Credit Reporting Act, Gramm-Leach-Bliley, Terrorism Risk Insurance Act, Do Not Call, McCarran-Ferguson Act, NAIC role, Unfair claims settlement, Anti-money laundering, Fraud warning statements

Read the Insurance Regulation study guide

Sample questions & answers

1. Property and casualty insurers and producers in New Jersey are regulated by the:

Department of Banking and Insurance

DOBI regulates property and casualty insurance, insurers, and producers in New Jersey.

2. A resident New Jersey property and casualty producer must complete how many CE credits per biennial term?

24

Resident producers must complete 24 CE credits, including ethics, each two-year term.

3. The minimum professional ethics portion of the New Jersey CE requirement each term is:

3 credits

At least three of the 24 required CE credits each term must be in professional ethics.

4. New Jersey resident producer licenses are renewed:

Biennially

Resident producer licenses are issued and renewed on a two-year (biennial) basis.

All Property & Casualty topics

Practice: Insurance Regulation

Take a randomized, timed-style practice test. Answer choices are shuffled and your results are scored instantly with an explanation for every question.

Practice questions are study aids generated for exam preparation and are not actual exam questions. Content is provided for educational purposes and is not legal advice. Verify current statutes, rules, and exam specifications with the Insurance Department and the exam administrator before relying on it.