Louisiana Property and Casualty Insurance Practice Questions & Answers(GRADED A)

180 days - ANSWERSThe maximum term a temporary license may be issued for is 32 - ANSWERSContinuing Education hours for a producer holding both a L&H and a P&C is every odd numbered year - ANSWERSProperty & Casualty licenses must be renewed $25,000 - ANSWERSWhat is the maximum fine that may be imposed for a willful violation of a cease and desist order issued by the commissioner? April 30th of odd years - ANSWERSP&C producers license expires on Must reside or maintain a principal place of business in Louisiana - ANSWERSA resident producer 18 years old - ANSWERSApplicants for licensure MUST be: 180 - ANSWERSThe Commissioner of Insurance may issue a temporary license for period NOT TO EXCEED _______ days without requiring examination. 10 days of the change - ANSWERSEvery insurance licensee MUST notify the Commissioner of any alteration in his or her residence or business address within_____ Elected - ANSWERSThe Louisiana Insurance Commissioner is___ 4 Years - ANSWERSThe Insurance Commissioner's term of office is___ Chief Deputy Commissioner - ANSWERSIf the Insurance Commissioner becomes incapacitated, the commissioner's powers will be exercised by the ____ Cert