FLORIDA 2-40 HEALTH EXAM CHAPTER 4
1. CFO of Florida
Answer Oversees 15 divisons and oflces including a division of Accounting and Auditing ( beureau of unclaimed
property )
2. The CFO
Answer Who is regulation of the insurance industry directly administered by?
3. Administer the insurance laws of Florida
Answer The CFO, the financial services commission,the commissioner of the oflce of insurance regulation all
work together to.....
4. Commissioner of the office of insurance regulation
Answer All of the following are members of the Financial Services Commission EXCEPT ?
5. Society of Actuaries or Casualty Acturial Society
Answer In order for an actuary to work for the department and oflces the actuary must be a member of one of
these two societies
6. Five years
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19
,Answer The oflce of insurance regulation may examine each domestic insurer not less frequently than ? 18 months
Four years
Five years
6 months
7. market conduct examinations
Answer The oflce of insurance regulation may examine each domestic insurer in the state of Florida. What is this
examination called ?
8. Once a year if less than 3 years in business
Answer If the domestic insurer has held a certificate of authority for less than three years. How otter is an
examination by the OIR conducted?
Every 6 months
Twice a year
Once a year
After 5 years
9. True
Answer The oflce of insurance regulation in charge of liquidating insurers. True or false?
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19
, 10. A misdemeanor
Answer Any individual that obstructs the department of the OIR, the oflce or the examiner in the examination or
investigation is guilty of ?
A felony
A misdemeanor
And must pay a $250 fine
11. Office of insurance regulation and the office of financial Regulation
Answer Which branch(es)that reports to the CFO can administer oaths,examine witnesses,receive evidence,subpoena
witnesses,com-
3/
19
1. CFO of Florida
Answer Oversees 15 divisons and oflces including a division of Accounting and Auditing ( beureau of unclaimed
property )
2. The CFO
Answer Who is regulation of the insurance industry directly administered by?
3. Administer the insurance laws of Florida
Answer The CFO, the financial services commission,the commissioner of the oflce of insurance regulation all
work together to.....
4. Commissioner of the office of insurance regulation
Answer All of the following are members of the Financial Services Commission EXCEPT ?
5. Society of Actuaries or Casualty Acturial Society
Answer In order for an actuary to work for the department and oflces the actuary must be a member of one of
these two societies
6. Five years
1/
19
,Answer The oflce of insurance regulation may examine each domestic insurer not less frequently than ? 18 months
Four years
Five years
6 months
7. market conduct examinations
Answer The oflce of insurance regulation may examine each domestic insurer in the state of Florida. What is this
examination called ?
8. Once a year if less than 3 years in business
Answer If the domestic insurer has held a certificate of authority for less than three years. How otter is an
examination by the OIR conducted?
Every 6 months
Twice a year
Once a year
After 5 years
9. True
Answer The oflce of insurance regulation in charge of liquidating insurers. True or false?
2/
19
, 10. A misdemeanor
Answer Any individual that obstructs the department of the OIR, the oflce or the examiner in the examination or
investigation is guilty of ?
A felony
A misdemeanor
And must pay a $250 fine
11. Office of insurance regulation and the office of financial Regulation
Answer Which branch(es)that reports to the CFO can administer oaths,examine witnesses,receive evidence,subpoena
witnesses,com-
3/
19
