AIC 300 EXAM 2026 UPDATES
QUESTIONS AND CORRET VERIFIED
ANSWERS ALREADY GRADED A+
(BRAND NEW VISION)
Attorney Grace is representing an insurer in a case and is preparing a
pretrial motion. Her argument is that the court has no jurisdiction for the
cause of action brought by the claimant. Grace is preparing a - ANS-
Motion to Dismiss.
Among the methods used to pay claims are the issuance of checks and
bank drafts. The main difference between the two is that - ANS-With a
bank draft, the bank must verify that the insurer has authorized
payment.
The NAIC model act specifies that its provisions regarding bad-faith claims
are to be enforced by - ANS-State Insurance Department.
Which one of the following can be applied over time to refine a model to
better predict results? - ANS-Machine Learning
Because a full or partial denial of a claim may result in a bad-faith lawsuit,
a claims representative should - ANS-Carefully document their
reasoning for denial.
Cristobal is negotiating a settlement with a claimant attorney in a workers
compensation claim. The attorney has requested 200 weeks of benefits,
which was more than Cristobal was hoping to pay. Cristobal countered
with an offer to pay the 200 weeks if the worker would sign an agreement
to resign his position and to never reopen the claim. Cristobal's
negotiation strategy is an example of - ANS-Making concessions
cautiously.
, Leila is conducting a claims investigation and is taking a recorded
statement from the claimant. She wants a simple yes-or-no answer to
prevent the interviewee from explaining the answer further. She asks, "You
experienced back pain immediately when you lifted the box, didn't you?"
Leila has asked a(n) - ANS-Leading question
Ida was named in a bad-faith lawsuit as the claims representative who
handled the file. The court dismissed the suit, however, because the
statute of limitations had expired. This means that - ANS-Too much time
had expired after the claim concluded.
Olivia is careful to keep proper claim status notes when she handles a
claim. For example, she makes sure to only include neutral, objective
comments about the parties involved. This is because claim notes - ANS-
Are potentially discoverable in a trial
If the decision on a claim settlement is negative, as in a denial, good-faith
claims handling requires the claims rep to - ANS-Explain the rationale
behind the decision to the claimaint.
Which one of the following statements regarding subrogation is most
accurate? - ANS-Most policies require the insured to cooperate
with the insurer in recovering payment through subrogation, to
include testifying or appearing in court.
Erin helps her employer, a multi-line insurer, to determine actual exposure
and premium for coverage. She does this by conducting detailed
examinations of policyholder operations, records, and accounting. Erin is
a(n) - ANS-Premium Auditor
DaJuan, a claims representative, sets a low case reserve for a seemingly
simple claim. A few weeks later it becomes apparent that the initial
reserve was too low, and he increases it in order to issue payments. More
bills related to the claim arrive a few months later, and he increases the
reserve again. This process is known as - ANS-Stairstepping
QUESTIONS AND CORRET VERIFIED
ANSWERS ALREADY GRADED A+
(BRAND NEW VISION)
Attorney Grace is representing an insurer in a case and is preparing a
pretrial motion. Her argument is that the court has no jurisdiction for the
cause of action brought by the claimant. Grace is preparing a - ANS-
Motion to Dismiss.
Among the methods used to pay claims are the issuance of checks and
bank drafts. The main difference between the two is that - ANS-With a
bank draft, the bank must verify that the insurer has authorized
payment.
The NAIC model act specifies that its provisions regarding bad-faith claims
are to be enforced by - ANS-State Insurance Department.
Which one of the following can be applied over time to refine a model to
better predict results? - ANS-Machine Learning
Because a full or partial denial of a claim may result in a bad-faith lawsuit,
a claims representative should - ANS-Carefully document their
reasoning for denial.
Cristobal is negotiating a settlement with a claimant attorney in a workers
compensation claim. The attorney has requested 200 weeks of benefits,
which was more than Cristobal was hoping to pay. Cristobal countered
with an offer to pay the 200 weeks if the worker would sign an agreement
to resign his position and to never reopen the claim. Cristobal's
negotiation strategy is an example of - ANS-Making concessions
cautiously.
, Leila is conducting a claims investigation and is taking a recorded
statement from the claimant. She wants a simple yes-or-no answer to
prevent the interviewee from explaining the answer further. She asks, "You
experienced back pain immediately when you lifted the box, didn't you?"
Leila has asked a(n) - ANS-Leading question
Ida was named in a bad-faith lawsuit as the claims representative who
handled the file. The court dismissed the suit, however, because the
statute of limitations had expired. This means that - ANS-Too much time
had expired after the claim concluded.
Olivia is careful to keep proper claim status notes when she handles a
claim. For example, she makes sure to only include neutral, objective
comments about the parties involved. This is because claim notes - ANS-
Are potentially discoverable in a trial
If the decision on a claim settlement is negative, as in a denial, good-faith
claims handling requires the claims rep to - ANS-Explain the rationale
behind the decision to the claimaint.
Which one of the following statements regarding subrogation is most
accurate? - ANS-Most policies require the insured to cooperate
with the insurer in recovering payment through subrogation, to
include testifying or appearing in court.
Erin helps her employer, a multi-line insurer, to determine actual exposure
and premium for coverage. She does this by conducting detailed
examinations of policyholder operations, records, and accounting. Erin is
a(n) - ANS-Premium Auditor
DaJuan, a claims representative, sets a low case reserve for a seemingly
simple claim. A few weeks later it becomes apparent that the initial
reserve was too low, and he increases it in order to issue payments. More
bills related to the claim arrive a few months later, and he increases the
reserve again. This process is known as - ANS-Stairstepping
