CLAIMS ADJUSTER EXAM QUESTIONS AND ANSWERS GRADED
A+!!
Insurance adjuster Answer >>>Any person who, as an independent
contractor, or as an employee of an independent contractor,
adjustment bureau, association, insurance company or corporation,
local recording agent, managing general agent, or self-insured,
investigates or adjusts losses on behalf of either an insurer or a self-
insured, or any person who supervises the handling of claims.
Staff Adjusters Answer >>>On the payroll of an insurance company and
are paid a salary or by hour
Independent Adjuster Answer >>>handles claims for one or more
insurance companies. They may: receive a fee based on time and
expense, they may be on the payroll as a permanent employee of an
independent adjusting firm, they may be paid a percentage of the loss
or per diem.
Public adjuster Answer >>>work on behalf of the insured in negotiating
a claim settlement. Under current law in Texas, is legal and requires
another license.
,CLAIMS ADJUSTER
Worker's compensation Adjuster Answer >>>This license allows a
person to adjust or supervise all workers' compensation, employer’s
liability, United States Longshore, and Harbor Works' Compensation
Act, Jones Act, and all other federal acts
Property and Casualty Adjuster Answer >>>This license allows a person
to adjust or supervise claims in all areas of property and casualty
insurance except workers' compensation.
All-Lines Adjuster Answer >>>This license allows a person to adjust or
supervise claims in all lines of insurance included in (1) and (2)
Domestic Answer >>>An insurer organized, admitted, and writing
insurance in Texas
Foreign Answer >>>An insurer domiciled outside the state where it
writes insurance
Alien Answer >>>An insurance company organized and domiciled
outside the US
Texas Department of Insurance Answer >>>Who is Responsible for
licensing property and casualty adjusters
, CLAIMS ADJUSTER
10 days Answer >>>How many days' advance notice is an adjuster
entitled to receive in the event of a hearing with the Texas Department
of Insurance.
30 hours Answer >>>A licensed Property and casualty adjuster must
complete how many hours of continuing education within his 2-year
licensing period?
AIC Answer >>>Which of the following designations exempts a person
from taking the property and casualty adjuster state exam
18 years old Answer >>>An individual must be what age to receive the
property and casualty adjuster license?
2 hours Answer >>>How many hours of ethics must a licensed adjuster
complete every licensing period (2 years)
Within 30 days of the change Answer >>>How soon must a licensed
adjuster notify the Texas Department of Insurance (TDI) of an address
change?
Governor of Texas Answer >>>Who appoints the commissioner of
Insurance?