Hawaii laws, rules, and regulations Exam Questions and Answers 100% Pass

Hawaii laws, rules, and regulations Exam Questions and Answers 100% Pass The Commissioner must examine an insurer at least once every _____ year(s). - Correct Answer ️️ -5 years Advance notice of a hearing must be at least _____ day(s). - Correct Answer ️️ -15 days How much is the minimum fine per violation for unknowingly committing an unfair act? Maximum? - Correct Answer ️️ -$1,000 $10,000 How much is the minimum fine for knowingly committing an unfair act? Maximum? - Correct Answer ️️ -$5,000 $50,000 What is the maximum fine for violating a cease and desist order per violation? - Correct Answer ️️ -$10,000 What is the minimum fine per violation of the insurance code? Maximum? - Correct Answer ️️ -$100 $10,000 A violator of the insurance code may face up to ____ year(s) imprisonment. - Correct Answer ️️ -1 year How long do violators have to pay fines for violating the insurance code? - Correct Answer ️️ -10 days How old must applicants be to obtain a license? - Correct Answer ️️ -18 years Name or address change must be reported to the Commissioner within ____ day(s). - Correct Answer ️️ -30 days Producers must maintain transaction records for ____ year(s). - Correct Answer ️️ -5 years Producer's license may be reinstated within _____ month(s) from due date with payment of a penalty of double the unpaid license renewal fee. - Correct Answer ️️ -12 months Temporary producer license may be issued (without an examination) for up to _____ day(s). - Correct Answer ️️ -180 days Producers must report within _____ day(s) any criminal prosecution, or civil or administrative actions taken against the producer in any jurisdiction. - Correct Answer ️️ -30 days How many total continuing education hours are required biennially? - Correct Answer ️️ -24 hours How many CE hours are required in ethics and insurance law and regulations? - Correct Answer ️️ -3 hours How many CE hours are required relating to life and disability? - Correct Answer ️️ -10 hours How many CE hours are required relating to property and casualty? - Correct Answer ️️ -11 hours How any years must a licensee maintain CE records after course completion? - Correct Answer ️️ -4 years The insurer must file a notice of appointment within ____ day(s) of the agency contract date, or first insurance application. - Correct Answer ️️ -15 days An insurer that terminates an appointment must notify the Commissioner within _____ day(s). - Correct Answer ️️ -30 days The Guaranty Association's maximum liability for worker's compensati