1. Exam Prep
  2. West Virginia
  3. Life, Accident & Health
  4. Insurance Regulation

Free Insurance Regulation Practice Questions

West Virginia Life, Accident & Health exam — 30 practice questions.

Subtopics: Appointment of commissioner, Domestic insurer, Admitted insurer, Surplus lines, Temporary license, Grounds for denial, Change of address, Commission sharing, Controlled business, Insurance fraud, Premium accounting, Buyers guide, Annuity disclosure, Advertising records, Unfair discrimination, Annuity replacement, Guaranty fund advertising, Records examination, Privacy, Federal fraud statute, Fair Credit Reporting Act, Do Not Call, Illustrations, Disclosure, McCarran-Ferguson Act, NAIC, Twisting, Rebating, CAN-SPAM Act, Advertising

Read the Insurance Regulation study guide

Sample questions & answers

1. The head of the West Virginia Offices of the Insurance Commissioner generally takes office by:

Appointment (verify the appointing authority and process)

West Virginia's Insurance Commissioner is an appointed official; verify the current appointing authority and term.

2. Under West Virginia law, a 'domestic' insurer is one that is:

Incorporated and organized under West Virginia law

A domestic insurer is one formed under the laws of West Virginia; a foreign insurer is from another state and an alien insurer from another country.

3. An 'admitted' (authorized) insurer in West Virginia is one that:

Has a certificate of authority to transact insurance in the state

An admitted or authorized insurer holds a certificate of authority allowing it to transact insurance in the state.

4. Surplus lines insurance in West Virginia generally allows coverage to be placed with a nonadmitted insurer only when:

The risk cannot be placed with admitted insurers and rules are followed (verify)

Surplus lines placement with a nonadmitted insurer is generally allowed only when coverage is unavailable in the admitted market and surplus lines rules are met.

All Life, Accident & Health 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.