Oklahoma adjuster review Correct Questions & Answers(Rated A+)
the commissioner must examine every domestic insurer and every foreign insurer at least one every ______ years - ANSWERS5 years maximum penalty for acting on a revoked, suspend license is $______ and up to five years in jail - ANSWERS$5,000 written proof of loss must be sent to insurer within ______ days of loss - ANSWERS60 days insurer must respond by settling or rejecting claim within ______ days after receiving notice from insured - ANSWERS60 Days records must be retained for at least ______ years - ANSWERS3 years surplus lines premium tax is ______% of gross premiums - ANSWERS6% binders are valid up to ______ days or until the policy is issued, whichever period is shorter - ANSWERS90 days minimum civil penalty for each violation - ANSWERS$100 maximum civil penalty for each violation - ANSWERS$5,000 Workers' Compensation claims - ANSWERSfull amount $_____ for the return of unearned premium policy - ANSWERS$10,000
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