NY Independent General Adjuster Exam - Series 17-70
NY INDEPENDENT GENERAL ADJUSTER EXAM (SERIES 17-70)
COVERAGE
Designed to test professional claim-handling competency, the NY
Independent General Adjuster Exam (Series 17-70) covers the full
process of adjusting property and casualty losses under New York
regulations. The exam focuses on investigating claims, reviewing
policy language, determining coverage, and documenting damages
properly. It also includes liability evaluation topics such as negligence,
fault determination, subrogation, and settlement negotiations.
Additional coverage areas include homeowners, commercial property,
auto physical damage, and general liability claims, with emphasis on
exclusions, limits, deductibles, and endorsements. The exam further
,addresses adjuster conduct, fraud awareness, communication
standards, recordkeeping, and New York licensing laws.
The Superintendent of Insurance may approve the employment,
appointment or participation of any person whose license has been
revoked. Karen Jones had her license revoked and filed an application
for relicensing and has waited over 120 days without a response from
the Insurance Department. What should or can she do?
Assume the relicensing is approved.
,The insured has suffered a covered loss under his DP-3 dwelling form.
He fails to protect the property from further loss. The additional loss
that occurs as a result of his inactions may be denied because of what
clause in the policy?
Neglect.
To be eligible for the New York assigned risk auto plan a person must:
Hold a valid driver's license.
, Any insurance adjuster whose license has been revoked for cause will
not be entitled to apply for any other insurance license in New York
until at least:
One Year.
A typical benefit design for a long term care policy does not include
a:
Conditionally or optionally renewability feature.
NY INDEPENDENT GENERAL ADJUSTER EXAM (SERIES 17-70)
COVERAGE
Designed to test professional claim-handling competency, the NY
Independent General Adjuster Exam (Series 17-70) covers the full
process of adjusting property and casualty losses under New York
regulations. The exam focuses on investigating claims, reviewing
policy language, determining coverage, and documenting damages
properly. It also includes liability evaluation topics such as negligence,
fault determination, subrogation, and settlement negotiations.
Additional coverage areas include homeowners, commercial property,
auto physical damage, and general liability claims, with emphasis on
exclusions, limits, deductibles, and endorsements. The exam further
,addresses adjuster conduct, fraud awareness, communication
standards, recordkeeping, and New York licensing laws.
The Superintendent of Insurance may approve the employment,
appointment or participation of any person whose license has been
revoked. Karen Jones had her license revoked and filed an application
for relicensing and has waited over 120 days without a response from
the Insurance Department. What should or can she do?
Assume the relicensing is approved.
,The insured has suffered a covered loss under his DP-3 dwelling form.
He fails to protect the property from further loss. The additional loss
that occurs as a result of his inactions may be denied because of what
clause in the policy?
Neglect.
To be eligible for the New York assigned risk auto plan a person must:
Hold a valid driver's license.
, Any insurance adjuster whose license has been revoked for cause will
not be entitled to apply for any other insurance license in New York
until at least:
One Year.
A typical benefit design for a long term care policy does not include
a:
Conditionally or optionally renewability feature.
