Pa property and casualty exam practice fully solved 2024

Pa property and casualty exam practiceExecuting the insurance laws of pA is whose responsibility? - correct answer Department of insurance In PA financial responsibility requires the ability of the insured to pay how much damage to the property of others from any single accident? - correct answer $5,000 because of damage to property of others in any one accident A policy covering commercial risks is subject to midterm cancellation for non-payment of premium upon how many days written notice? - correct answer 15 days A written agreement in which a producer authorizes a producer to sell insurance policies for it is called a ... - correct answer Appointment The Pennsylvania property and casualty insurance guaranty association is made up of all... - correct answer Insurers who issue property and casualty insurance in Pennsylvania Making issuing, publishing, or circulating any oral or written statement that is false or maliciously critical of or derogatory to the financial condition of any person, and that is meant to injure a person is .. - correct answer Defamation The notice must advise the insured of the right to request a review of the insurer's action within __ days of receipt of the notice? - correct answer 10 days after receipt of notice - correct answer Department of insurance Who is the head of the department of insurance? - correct answer Commissioner When an insurer terminates an appointment they must notify ___ and ___ and within how many days? - correct answer The commissioner and the producer within 30 days