New York Indep. Motor Vehicle No-Fault and Workers Compensation Health Services Adjuster (Series 17-72) 160 Questions with 100% Correct Answers | Latest Update 2024 | Verified | 25 Pages

New York Indep. Motor Vehicle No -Fault and Workers Compensation Health Services Adjuster (Series 17 -72) 160 Questions with 100% Correct Answers | Latest Update 2024 | Verified An "uninsured motor vehicle" under a personal auto policy does not include: - ✔✔An abandoned car used as a residence. . Which of the following are exempt from certain sections of the New York cybersecurity regulation? - ✔✔All responses listed are correct.. Danny owns an auto body shop and he has received a request from a client to restore his 1964 Ford Mustang. The client has requested a custom mustang horse be painted on the hood of the car. Danny always selects the type of paint most suited for the job, so which of the following paint types will Danny most likely select to paint the horse? - ✔✔Lacquer The root word "glyc" refers to: - ✔✔Sugar. If any person engages in activities in violation of the Federal Insurance Fraud and False Statements regulation, he or she may be subject to which of the following? - ✔✔A civil penalty of not more than $50,000.. What commercial auto form is used to cover taxis and bus companies - ✔✔Motor carrier form. Tom has lost 30% of his hearing in both ears. His doctor has advised him that his hearing loss has been caused by exposure to noise at his workplace for the past 25 years. Tom's hearing loss can be catoragized as a: - ✔✔Cumulative Trauma Disorder. Tearing of a muscle results in an injury known as a: - ✔✔strain In commercial auto physical damage coverage, what "triggers" the coverage that applies to the vehicles? - ✔✔Symbols How would an insured's PAP coverage apply when renting a private passenger auto while on vacation when they have purchased insurance coverage from the rental company? - ✔✔The insured's PAP provides excess liability coverage when the insured drives non -owned autos. . Which of the following statements is true regarding the business auto policy - ✔✔One or more of ten symbols triggers coverage. Under the New York cybersecurity regulation, each covered entity must maintain documentation supporting certification of compliance with the regulation for: - ✔✔5 years The root word "stomat" refers to - ✔✔Mouth What is the purpose of "other states insurance" under a Workers Compensation policy? - ✔✔To provide coverage for exposures which develop in other states during the policy period . After receiving a blow to the head, Alex is released from the hospital after a few hours and told to rest and resume normal activity in 3 -4 days. Alex has suffered a brain injury known as: - ✔✔Concussion When an insurer intends to non -renew a homeowners policy in New York, at least _____ advance notice of non -renewal must be sent to the insured - ✔✔45 days The type of auto body frame that is most often used in today's automobile and is a single molded unit, is known as: - ✔✔A unibody frame.. Jim Johnson has an automobile policy with a combined single limit of $50,000. He has an at -fault accident and incurs the following expenses: $30,000 bodily injury judgment; $30,000 property damage judgment; $5,000 damage to traffic light; $6,000 attorney's fees for his defense; $300 in premiums for appeal bond; and $75 in bail bond premiums for related traffic violations. What is the maximum amount his insurance company will pay? - ✔✔$56,375. The policy cannot pay more than its limit of liability. Under supplemental coverages in the policy, the policy will pay the defense costs plus the cost of the premiums on appeal bonds and bail bonds. Before revoking or suspending a license, the Superintendent must first send _____ notice and give the accused an opportunity for a hearing. - ✔✔10 days. Mr. York had his pickup truck stolen while it was parked in a "no parking" zone outside his office. The value of the truck was $18,500. In addition, tools valued at $200, extra tires and hubcaps for the truck valued at $550 and a tarp worth $50 were in the truck. Mr. York has a collision deductible of $500 and a comprehensive deductible of $250. The insurance company will pay what amount - ✔✔$18,800. The loss of the truck plus the extra tires and hubcaps would be considered in this claim. These total $19,050 less the deductible of $250 equals $18,800. Which of the following are covered by the Federal Employers' Liability Act (FELA)? - ✔✔Employees of interstate railroads. Garagekeepers specified causes of loss coverage would apply to each of the following, EXCEPT: - ✔✔Windstorm. Which of the following lines of insurance are covered under the Terrorism Risk Insurance Act, now referred to as the Terrorism Risk Insurance Extension Act of 2015? - ✔✔Workers compensation The ____ glands produce hormones required by the body such as estrogen and progesterone and chemicals such as adrenalin. - ✔✔Adrenal is a condition resulting from the lack of oxygen to the brain which can cause paralysis, speech problems or dementia. - ✔✔A stroke Anyone who threatens, forces or corruptly influences, obstructs or impedes the due and proper administration of the fraud law relating to the insurance business may be fined and/or imprisoned up to: - ✔✔10 years The mandatory recoupment of the federal share through policyholder surcharges under Terrorism Risk Insurance Program Reauthorization Act of 2015 was increased from 133% to - ✔✔140%