Business Math
17th EditionMary Hansen
3,734 solutions
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17th EditionMary Hansen
3,734 solutions
Mathematics with Business Applications
6th EditionMcGraw-Hill Education
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Accounting: What the Numbers Mean
9th EditionDaniel F Viele, David H Marshall, Wayne W McManus
345 solutions
Which of the following statements incorrectly describes a penalty for violation of Unfair insurance practices?
A- the commissioner may suspend or revcoke the individual's license
B- for each method of competition, an act of practice that the person did not know nor reasonably should have known was a violation; he or she may be required to pay a fine of not more than 5,000 for each violation, not to exceed an aggregate of 50,000 in any six-month period
C- for each method
of competition, an act practice that the person knew or reasonable should have known was a violation. the violator may be required to pay a fine of not more than 5,000 for each violation, not to exceed an aggregate of 50,000 in any six-month period
D- the court could sentence the individual to imprisonment for a term not to exceed more than 6 months
*any officer, director, or employee of an insurer or insurance agent, provided that they do not receive any commission of policies written or sold in this state
*any officer, director etc of an insurer as it relates to underwriting, loss of control, inspection or the processing, adjusting, investigating or settling of claims
*any employee of an insurer of or an insurance agent who performs administration and/or enrollment duties for group life, health, or employee benefit plans
Marketing Essentials: The Deca Connection
1st EditionCarl A. Woloszyk, Grady Kimbrell, Lois Schneider Farese
1,600 solutions
Fundamentals of Financial Management, Concise Edition
10th EditionEugene F. Brigham, Joel Houston
777 solutions
Mathematics with Business Applications
6th EditionMcGraw-Hill Education
3,760 solutions
Mathematics with Business Applications
5th EditionMcGraw-Hill Education
3,755 solutions
Continuing education (CE) rules are established to protect the public by maintaining high standards of professional competence in the insurance industry, and to maintain and improve the insurance skills and knowledge of licensed producers.
All insurance producers licensed in the state of Louisiana must complete 24 Hours of approved continuing education instruction or self study prior to each license renewal. At least 3 Hours must be on ethics.
Producers licensed to write property, casualty, property and casualty, or personal lines insurance must also include 3 credit CE hours on flood insurance.
Up to 10 hours of excess CE credits may be carried forward to the next renewal period for producers licensed in any combination of the lines of life, health and accident, property, casualty or personal lines.
At the Commissioner's discretion, a licensed agent or broker who is a member of , and actively participates in, a state or national insurance association may be granted 4 CE credits.