Texas Adjuster Unit 1 || 100% Verified Solutions.
Union Plastics is a large manufacturing company, and they handle all their own insurance claims.
If Stan was hired by Union Plastics to investigate suspicious claims and determine if the claim
needs to be paid, Stan would be considered
A) an insurance adjuster
B) an insurance counselor
C) an insurance agent
D) an insurance commissioner correct answers an insurance adjuster
Ace Property and Casualty of Texas has had several catastrophic losses on the coast because of
some major storms, and the company's claim division does not have the staff to meet state claim
handling deadlines. On a temporary basis, Ace would most likely hire
A) contractors
B) insurance agents
C) public adjusters
D) staff adjusters correct answers contractors
Susan had a large fire that caused some damage to her home, and she is not certain as to the
proper settlement amount. If Susan needs a person to represent her in the settlement of her claim,
Susan would need
A) a public adjuster
B) a staff adjuster
C) an independent adjuster
D) an insurance commissioner correct answers a public adjuster
Sure Bet Insurance Company, a large P&C carrier, has a claims backlog because of flooding in
the area. If Sure Bet wanted to hire some additional staff adjusters but have them start assisting
with the flood claims immediately for training purposes, they could request temporary licenses
for the new hires by providing the Commissioner with at least
A) 30 days notice
B) 10 days notice
C) 5 days notice
D) 45 days notice correct answers 5 days notice
Doug is licensed as a property and casualty adjuster and works for Allied Insurance Company.
Doug could work all the following claims for Allied EXCEPT
A) windstorm damage to an insured's home
B) theft of personal property from an insured's residence
C) injury to Sam, an employee of an insured, while Sam is at work
D) physical damage to an insured's vehicle correct answers injury to Sam, an employee of an
insured, while Sam is at work
A person who is employed by a property and casualty insurance company and who adjusts
claims on their behalf would be considered
A) an independent adjuster
, B) a freelance adjuster
C) a staff adjuster
D) a public adjuster correct answers a staff adjuster
If Bob can adjust any type of loss for his company, Bob must have what type of license?
A) P&C
B) Workers' compensation
C) Unified
D) All Lines correct answers All lines
If a company needs to have some of its new employees who are in the claims department assist
in the handling of claims as a training tool, the company could request the state to issue which of
the following?
A) Exceptions
B) Agent's licenses
C) Permanent licenses
D) Temporary license correct answers Temporary license
If there is a catastrophic loss and Sure Bet Insurance Company needs to have some staff
employees assist in the handling of claims on a short-term basis, Sure Bet could request what
type of license to allow these employees to adjust losses?
A) Staff
B) Emergency
C) P&C agent
D) Temporary correct answers Emergency
If an adjuster has the proper license to adjust losses of workers who are injured while working at
dock unloading ships, and no other types of losses, the adjuster must have what type of license?
A) Workers' compensation
B) All lines
C) P&C
D) Unified correct answers Worker's compensation
A company licensed in Texas to provide homeowners and automobile insurance would be
regulated by
A) the company
B) the Department of Insurance
C) the governor
D) the county commissioner correct answers the Department of Insurance
ABC Insurance Company has offices around the world, and its corporate office is located in
Maine. If ABC is providing coverage to residents of New York, in New York, they would be
considered
A) illegal
B) foreign
C) alien
Union Plastics is a large manufacturing company, and they handle all their own insurance claims.
If Stan was hired by Union Plastics to investigate suspicious claims and determine if the claim
needs to be paid, Stan would be considered
A) an insurance adjuster
B) an insurance counselor
C) an insurance agent
D) an insurance commissioner correct answers an insurance adjuster
Ace Property and Casualty of Texas has had several catastrophic losses on the coast because of
some major storms, and the company's claim division does not have the staff to meet state claim
handling deadlines. On a temporary basis, Ace would most likely hire
A) contractors
B) insurance agents
C) public adjusters
D) staff adjusters correct answers contractors
Susan had a large fire that caused some damage to her home, and she is not certain as to the
proper settlement amount. If Susan needs a person to represent her in the settlement of her claim,
Susan would need
A) a public adjuster
B) a staff adjuster
C) an independent adjuster
D) an insurance commissioner correct answers a public adjuster
Sure Bet Insurance Company, a large P&C carrier, has a claims backlog because of flooding in
the area. If Sure Bet wanted to hire some additional staff adjusters but have them start assisting
with the flood claims immediately for training purposes, they could request temporary licenses
for the new hires by providing the Commissioner with at least
A) 30 days notice
B) 10 days notice
C) 5 days notice
D) 45 days notice correct answers 5 days notice
Doug is licensed as a property and casualty adjuster and works for Allied Insurance Company.
Doug could work all the following claims for Allied EXCEPT
A) windstorm damage to an insured's home
B) theft of personal property from an insured's residence
C) injury to Sam, an employee of an insured, while Sam is at work
D) physical damage to an insured's vehicle correct answers injury to Sam, an employee of an
insured, while Sam is at work
A person who is employed by a property and casualty insurance company and who adjusts
claims on their behalf would be considered
A) an independent adjuster
, B) a freelance adjuster
C) a staff adjuster
D) a public adjuster correct answers a staff adjuster
If Bob can adjust any type of loss for his company, Bob must have what type of license?
A) P&C
B) Workers' compensation
C) Unified
D) All Lines correct answers All lines
If a company needs to have some of its new employees who are in the claims department assist
in the handling of claims as a training tool, the company could request the state to issue which of
the following?
A) Exceptions
B) Agent's licenses
C) Permanent licenses
D) Temporary license correct answers Temporary license
If there is a catastrophic loss and Sure Bet Insurance Company needs to have some staff
employees assist in the handling of claims on a short-term basis, Sure Bet could request what
type of license to allow these employees to adjust losses?
A) Staff
B) Emergency
C) P&C agent
D) Temporary correct answers Emergency
If an adjuster has the proper license to adjust losses of workers who are injured while working at
dock unloading ships, and no other types of losses, the adjuster must have what type of license?
A) Workers' compensation
B) All lines
C) P&C
D) Unified correct answers Worker's compensation
A company licensed in Texas to provide homeowners and automobile insurance would be
regulated by
A) the company
B) the Department of Insurance
C) the governor
D) the county commissioner correct answers the Department of Insurance
ABC Insurance Company has offices around the world, and its corporate office is located in
Maine. If ABC is providing coverage to residents of New York, in New York, they would be
considered
A) illegal
B) foreign
C) alien
