Texas All Lines Adjuster - Insurance Regulation and Statutes 2024/2025

Texas All Lines Adjuster - Insurance Regulation and StatutesAll Lines Adjuster - correct answer License type is for individuals adjusting property and casualty, worker's compensation, employer's liability and various other types of claims. Boycott, Coercion & Intimidation - correct answer To refuse to conduct business with another party or to force another party to act by use of force or threatening actions. Business Day - correct answer Means a day other than Saturday, Sunday or holiday recognized by the state of Texas. Controlled Business - correct answer Insurance business that is only transacted or made available for family members, employees or business associates of the agent. Defamation - correct answer A statement or action that damages another person's good reputation. As it pertains to insurers, defamation is a false or derogatory statement about an insurer's financial condition. Discrimination - correct answer Formulating insurance rates based on unfair criteria and/or the unfair/illegal treatment or denial of rights based on age, sex, creed, religion, appearance, gender or other arbitrary characteristics. Emergency Adjuster License - correct answer License type is used for individuals that need immediate licensing to handle catastrophe claims in the state. False Advertising - correct answer The act of using deceptive or misleading information to advertise products or services to consumers. Fraud - correct answer Intentional acts to deceive or induce another party to part with something of value or to surrender a legal right.