Oklahoma Adjuster's Exam Questions and Answers 100% Correct(SCORED A)
Underwriter - ANSWER-A person who selects risk for the insurer is
Appointed by the gov - ANSWER-all of the following are true regarding the Oklahoma Insurance Commissioner EXCEPT
Issued as often as necessary - ANSWER-Regarding the Oklahoma Insurance Department promulgating Rules and Regulations, which of the following is true?
Glen Mulready - ANSWER-who is the Oklahoma Insurance commissioner
Receive new business from an eligible surplus lines broker - ANSWER-XYX insurance company is unauthorized. What is required before XYZ can sell insurance to the public in the state of Oklahoma?
A producer must be appointed by every insurer which they have a contract - ANSWER-
Which of the following is TRUE regarding the appointment of a producer
Certificate - ANSWER-An insurer's documentation to do business in Oklahoma is called?
Pass and examination with a 70% or better - ANSWER-Which of the following is a qualification to be licensed as a producer or adjuster
Non-admitted - ANSWER-The Oklahoma Property and casualty Guaranty association provides a financial safety net to protect insureds and claimants against the financial loss caused by and insolvent insurer. Which of the following types on insurers would not
be covered by the Oklahoma Property and Casualty Guaranty Association
15 - ANSWER-XYZ Insurer signed an agent's agreement with Joe Jones. XYZ must appoint Joe within how many days
failing to investigate a claim within 48 hours of the occurrence - ANSWER-under the unfair claims settlement practices act all of the following are not lawful, EXCEPT
Alien insurer - ANSWER-An insurer formed under the laws of Switzerland and authorized to do business in the State of Oklahoma, would be referred to as:
Underwriter - ANSWER-A person who selects risk for the insurer is
Appointed by the gov - ANSWER-all of the following are true regarding the Oklahoma Insurance Commissioner EXCEPT
Issued as often as necessary - ANSWER-Regarding the Oklahoma Insurance Department promulgating Rules and Regulations, which of the following is true?
Glen Mulready - ANSWER-who is the Oklahoma Insurance commissioner
Receive new business from an eligible surplus lines broker - ANSWER-XYX insurance company is unauthorized. What is required before XYZ can sell insurance to the public in the state of Oklahoma?
A producer must be appointed by every insurer which they have a contract - ANSWER-
Which of the following is TRUE regarding the appointment of a producer
Certificate - ANSWER-An insurer's documentation to do business in Oklahoma is called?
Pass and examination with a 70% or better - ANSWER-Which of the following is a qualification to be licensed as a producer or adjuster
Non-admitted - ANSWER-The Oklahoma Property and casualty Guaranty association provides a financial safety net to protect insureds and claimants against the financial loss caused by and insolvent insurer. Which of the following types on insurers would not
be covered by the Oklahoma Property and Casualty Guaranty Association
15 - ANSWER-XYZ Insurer signed an agent's agreement with Joe Jones. XYZ must appoint Joe within how many days
failing to investigate a claim within 48 hours of the occurrence - ANSWER-under the unfair claims settlement practices act all of the following are not lawful, EXCEPT
Alien insurer - ANSWER-An insurer formed under the laws of Switzerland and authorized to do business in the State of Oklahoma, would be referred to as:
