Oklahoma Adjuster Review Questions and Answers 100% Correct(SCORED A+)

the commissioner must examine every domestic insurer and every foreign insurer at least one every ______ years - ANSWER-5 years maximum penalty for acting on a revoked, suspend license is $______ and up to five years in jail - ANSWER-$5,000 written proof of loss must be sent to insurer within ______ days of loss - ANSWER-60 days insurer must respond by settling or rejecting claim within ______ days after receiving notice from insured - ANSWER-60 Days records must be retained for at least ______ years - ANSWER-3 years surplus lines premium tax is ______% of gross premiums - ANSWER-6% binders are valid up to ______ days or until the policy is issued, whichever period is shorter - ANSWER-90 days minimum civil penalty for each violation - ANSWER-$100 maximum civil penalty for each violation - ANSWER-$5,000 Workers' Compensation claims - ANSWER-full amount $_____ f