Free Insurance Regulation Practice Questions
Ohio Casualty exam (series 11-47) — 159 practice questions.
Subtopics: Continuing education, Rebating, License action, Rate filing, Nonresident licensing, Appointment filing, Agency authority, Appointment, When appointment is required, Appointment renewal, Referral fees, Commissions, Reporting administrative actions, Cease and desist, Penalty classes, Reporting criminal actions, Hearings, Department inquiries, Disclosure of appointment, Non-insurance products, Civil penalties, Refund obligations, Timely submission, Surrender for cause, Placement without consent, Post-termination conduct, Unauthorized insurers, 18 USC 1033, Adverse action notice, Fair Credit Reporting Act, Agent fees, Fraud referral timing, Insurance fraud, Fraud penalties, Fraud reporting immunity, Insurer fraud reporting, Antifraud plans, Fraud warning, Application after exam, Change of address, License eligibility, Criminal records check, CE credits, CE exemptions, Assumed names, Demographic changes, Business entity license, Renewal extension, Change of home state, Inactive status, Late renewal, Lines of authority, Modification of revocation, Relocating agents, Prelicensing education, Prelicensing exemptions, Revoked license, Reinstatement, License renewal, License surrender, Temporary license, Unlicensed activity, Appointments, Disclosure authorization, Cybersecurity events, Information security program, Cybersecurity records, Privacy notice, Permitted disclosures, Rate filing (casualty), Rate making, Rating organizations, Rate standards, Advertising, Certificate of authority, Insurer examinations, Retaliatory law, Regulator, Regulator powers, Termination notice, Unfair trade practices scope, False advertising of assets, Administrative remedies, Unfair trade practice penalties, Defamation of insurer, Inducements, Pattern settlements, Rebating exceptions, Unfair discrimination, Consent agreements, Misrepresentation and twisting, Fraud and false statements, Gramm-Leach-Bliley, Terrorism Risk Insurance Act, Motor Carrier Act, Do Not Call, McCarran-Ferguson Act, NAIC role, Twisting, CAN-SPAM Act, Guaranty association, Federal Insurance Office, Risk retention groups, Purchasing groups, Surplus lines (NRRA), Surplus lines insurers, Rate regulation, Rating laws, Advisory organizations, Unfair claims practices, Unfair trade practices, Misrepresentation, Misappropriation of premiums, Fraud reporting, Motor carrier financial responsibility, ERISA bonding, Producer licensing concepts, Agent vs broker, Gap insurance licensing, Federal regulation
Read the Insurance Regulation study guide
Sample questions & answers
1. How much continuing education must an Ohio resident P&C agent complete each license renewal period?
24 hours, including 3 hours of ethics
Each resident agent must complete at least twenty-four hours of approved CE per renewal period, including at least three hours of ethics.
2. An Ohio agent offers a $100 gift card, not provided for in the policy, to induce a customer to buy an auto policy. This is:
Prohibited rebating
Ohio's P&C anti-rebating law bars giving any valuable consideration not plainly specified in the policy as an inducement to insurance.
3. Which conduct can lead the Ohio Superintendent to suspend or revoke a P&C agent's license?
Misappropriating premium funds
Improperly withholding, misappropriating or converting money received in the business of insurance is a ground for discipline.
4. Under Ohio's casualty rating law, every insurer must file with the Superintendent:
Its policy forms, rules, rates, and rating plans
Every insurer must file every policy form, endorsement, rider, manual of classifications, rules, rates and rating plan it proposes to use.
Practice: Insurance Regulation
Answer choices are shuffled every time, and every question comes with an explanation.
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.
