Unit 1 Quiz Flashcards
Who is responsible for licensing property & casualty adjusters?
The Texas Department of Insurance.
How many days’ advance notice is an adjuster entitled to receive in the event of a hearing with the Texas Department of Insurance?
10 Days.
A license property & casualty adjuster must complete how many hours of continuing education within his/her 2-year licensing period?
24 hours.
Which designations exempts a person from taking the property & casualty adjuster state exam?
1) A person with a license that expired within the year.
2) A person with a AIC (ASSOCIATE IN CLAIMS) designation
3) A person with a CPCU (Chartered Property & Casualty Underwriter) designation
An individual must be what age to receive the property & casualty adjuster license?
18 years old.
How many hours of ethics must a license adjuster complete every licensing period (2 years)?
2 hours.
How soon must a license adjuster notify the Texas Department of Insurance (TDI) or an address change?
30 days of the change.
Who appoints the Commissioner of Insurance?
Governor of Texas.
How many companies might an independent adjuster represent?
1 or more.
A public adjuster represents which of the following?
The insured.
** NOTE: An additional license is required to be a public adjuster.