West Virginia Adjuster Exam 2025
Questions and Answers
What is NOT a factor in establishing negligence on the insured's part? -
ANSWER-There is a breach of protection.
One characteristic of an insurance contract is that both parties must perform
certain acts to assure that the contract is legally enforceable. This is called...? -
ANSWER-Executory
The responsibility of the federal government in the regulation of the insurance
industry is limited to what? - ANSWER-Fair Labor Standards and Anti-trust
Matters
An insurer who issues a statement that misrepresents the benefits, advantages,
conditions or terms of any insurance policy would be guilty of: - ANSWER-
Misrepresentation and False Advertising
The insurance department has been advised that an agent is guilty of insurance
code violation. The Commissioner will: - ANSWER-Call for a hearing
What could be considered an Unfair Trade Practice? - ANSWER-Twisting,
Rebating, and Coercion are all Unfair Trade Practice
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,What is NOT considered to be an unfair claims practice? - ANSWER-Failing to
honor an uncovered claim
Although their liability is clear, BB&S Insurance Company routinely delays all
claim payments for 90 days, and in doing so: - ANSWER-Is guilty of unfair claim
settlement practice
Which of the following would be considered unfair or deceptive acts by an
adjuster?
A. Requesting that a first party claimant signs a release that extends beyond the
subject matter which gave rise to the claim payment.
B. Advising the claimant that their rights may be impaired if a form of release is
not completed within a specified period of time unless for the purpose of
notification of statute of limitations.
C. Issuing a check or draft, in partial settlement of a loss or claim under specific
coverage that contains language that release the insurer or insured from total
liability.
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,D. All the above - ANSWER-D: All of the above
An act of terrorism is required to be "certified" as such by whom? - ANSWER-
The Secretary of the Treasury
Which of the following is NOT considered an act of terrorism:
A. Act of riot and civil commotion
B. Acts considered dangerous to human life, property or infrastructure
C. Acts resulting in damage within or outside the United States
D. Acts committed at the premises of any United States mission. - ANSWER-
Answer A: An act of riot and civil commotion
In order to be certified as an official act of terrorism under the Federal Terrorism
Act, Property and Casualty losses have to exceed $_______ for any one event: -
ANSWER-$5,000,000
Which of the following can be covered by the Federal Terrorism Act insurance
program:
A. Most commercial property and casualty risks
B. Federal crop insurance
C. Personal Insurance Policies
D. Health and Life Insurance Policies - ANSWER-A: Most commercial property
and casualty risks
COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 3
, All of the following are considered acts of rebating, except: - ANSWER-A. An
agent provides an all-expenses paid cruise to a client and his wife in exchange for
writing the coverage on his national chain of insurance
B. An agent sends holiday greeting cards to all the clients on his mailing list
C. An adjuster receives a monthly check from an auto body repair shop for
recommending the repair shop to clients who have a claim.
D. All for these situations are considered acts of rebating.
Answer B
Under the extension of the Terrorism Risk Insurance Act the federal government
will share in the losses for a certified act of terrorism if: - ANSWER-A. Total
losses for all insurers exceed $100 million
B. An insurer is responsible for the first 20% of losses as a deductible, and then the
government will pay 85% of remaining claim amounts
C. The total certified acts of terrorism for the program year have not exceeded
$100 billion
D. All of the above
COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 4
Questions and Answers
What is NOT a factor in establishing negligence on the insured's part? -
ANSWER-There is a breach of protection.
One characteristic of an insurance contract is that both parties must perform
certain acts to assure that the contract is legally enforceable. This is called...? -
ANSWER-Executory
The responsibility of the federal government in the regulation of the insurance
industry is limited to what? - ANSWER-Fair Labor Standards and Anti-trust
Matters
An insurer who issues a statement that misrepresents the benefits, advantages,
conditions or terms of any insurance policy would be guilty of: - ANSWER-
Misrepresentation and False Advertising
The insurance department has been advised that an agent is guilty of insurance
code violation. The Commissioner will: - ANSWER-Call for a hearing
What could be considered an Unfair Trade Practice? - ANSWER-Twisting,
Rebating, and Coercion are all Unfair Trade Practice
COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1
,What is NOT considered to be an unfair claims practice? - ANSWER-Failing to
honor an uncovered claim
Although their liability is clear, BB&S Insurance Company routinely delays all
claim payments for 90 days, and in doing so: - ANSWER-Is guilty of unfair claim
settlement practice
Which of the following would be considered unfair or deceptive acts by an
adjuster?
A. Requesting that a first party claimant signs a release that extends beyond the
subject matter which gave rise to the claim payment.
B. Advising the claimant that their rights may be impaired if a form of release is
not completed within a specified period of time unless for the purpose of
notification of statute of limitations.
C. Issuing a check or draft, in partial settlement of a loss or claim under specific
coverage that contains language that release the insurer or insured from total
liability.
COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 2
,D. All the above - ANSWER-D: All of the above
An act of terrorism is required to be "certified" as such by whom? - ANSWER-
The Secretary of the Treasury
Which of the following is NOT considered an act of terrorism:
A. Act of riot and civil commotion
B. Acts considered dangerous to human life, property or infrastructure
C. Acts resulting in damage within or outside the United States
D. Acts committed at the premises of any United States mission. - ANSWER-
Answer A: An act of riot and civil commotion
In order to be certified as an official act of terrorism under the Federal Terrorism
Act, Property and Casualty losses have to exceed $_______ for any one event: -
ANSWER-$5,000,000
Which of the following can be covered by the Federal Terrorism Act insurance
program:
A. Most commercial property and casualty risks
B. Federal crop insurance
C. Personal Insurance Policies
D. Health and Life Insurance Policies - ANSWER-A: Most commercial property
and casualty risks
COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 3
, All of the following are considered acts of rebating, except: - ANSWER-A. An
agent provides an all-expenses paid cruise to a client and his wife in exchange for
writing the coverage on his national chain of insurance
B. An agent sends holiday greeting cards to all the clients on his mailing list
C. An adjuster receives a monthly check from an auto body repair shop for
recommending the repair shop to clients who have a claim.
D. All for these situations are considered acts of rebating.
Answer B
Under the extension of the Terrorism Risk Insurance Act the federal government
will share in the losses for a certified act of terrorism if: - ANSWER-A. Total
losses for all insurers exceed $100 million
B. An insurer is responsible for the first 20% of losses as a deductible, and then the
government will pay 85% of remaining claim amounts
C. The total certified acts of terrorism for the program year have not exceeded
$100 billion
D. All of the above
COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 4
