1. in Louisiana, the insurance commissioner is 4 years
elected for a term of
2. Every insurer doing business in Louisiana 5 years
must be examined at least once every
3. An applicant for a resident insurance producer 18 years old
license in Louisiana must be at least
4. A resident producer who moves from 30
Louisiana to another state must file a change
of address and provide certification from the
new resident state within how many days of
the change of legal resident?
5. the commissioner may issue a temporary in- 180
surance producer license without requiring an
examination for up to how many days?
6. a licensed producer must file an application for 2 years
renewal of the license every
7. for a producer who is licensed to write both life 24; 3
and property insurance, the continuing edu-
cation requirement is hours with
of these hours in ethnics during each renewal
period.
8. for a producer who is licensed to write proper- 24
ty or casualty insurance, the continuing educa-
tion requirement is how many hours of credit
during each renewal period?
, Louisiana law
9. offering to give a prospect anything of value rebating
not specified in the contract to persuade the
prospect to purchase the insurance is known
as
10. twisting the illegal replacement practice of mis-
representing a policy to include a pol-
icyholder to lapse, forfeit, or surrender
an existing policy and purchase a new
policy from a DIFFERENT insurer.
11. churning the illegal replacement practice of mis-
representing a policy to include a pol-
icyholder to lapse, forfeit, or surrender
an existing policy and purchase a new
policy from a SAME insurer.
12. coercion forcing a person to buy insurance
through a particular company or pro-
ducer.
13. rebating ottering valuable consideration, other
than that which is ottered in the con-
tract, as an inducement to purchase a
policy is illegal.
-includes kickbacks of commission, ex-
traordinary gifts, payment of consult-