WASHINGTON STATE INSURANCE EXAM
REVIEW 2026/2027 – COMPLETE
QUESTIONS & ANSWERS | A+ EXAM PREP
- correct answer-Section 1 Commissioner
How is he elected? - correct answer-Same way as other state officials
When does he take office? - correct answer-Serves for four yerars. Starts wed
after the second monday of January
What must he do before taking officer? - correct answer-Execute a bond of
$25000 payable to state
What are his broad Powers? - correct answer-1) Responsible for examining
insureres 2) issueing licenses 3) regulatings to help carry out provisions of the WA
insurance code
Commissioner has what authority? - correct answer-The Commissioner has the
authority to: conduct
,1) investigations (including formal hearings) to determine whether any person
has violated any provisions of the code;
2) conduct examinations, investigations, and hearings to efficiently administer the
code;
3) take action against any insurance company, fraternal benefit society, health
maintenance organization (HMO), or heathcare service contractor (HCSC) by
revoking or suspending its Washington certificate of authority;
4) fine, revoke, or suspend the licenses of insurance agents, brokers, solicitors, or
adjusters;
5) issue cease and desist orders;
6)and bring actions in court regarding violations of the insurance code.
If there is cause to believe that anyone is violating the insurance code or any
regulation or order made by the Commissioner, the Commissioner may: - correct
answer-issue a cease and desist order; bring an action in court to stop the person
from continuing the violation; or both.
How are actions prosecuted? - correct answer-When requested by the
Commissioner, the state's attorney general and prosecuting attorneys throughout
Washington prosecute or defend all proceedings brought under the code.
Can the commissioner appoint more commisioners amd staff? - correct answer-
The Commissioner may appoint a Chief Deputy Commissioner, who has the power
, to perform any act or duty conferred upon the Commissioner. The Commissioner
may also appoint additional Deputy Commissioners.The Commissioner is
responsible for the official acts of deputies and may revoke a deputy's
appointment. The Commissioner may employ examiners, as well as actuarial,
technical, and administrative assistants as needed.
Anyone who files a grievance must supply as many facts as possible to assist in
the investigation of the complaint, including: - correct answer-the insurance
company's name; the policy or claim number; the name of the agent, broker,
solicitor, or adjuster; the date of the loss or the company's or other licensee's
action; and a complete explanation of the loss or other problem.
Does the commisioner produce tables and conntent? - correct answer-Yes. The
Commissioner is also responsible for obtaining and publishing life expectancy
tables, annuity values, and values of life and term estates. The Commissioner
must help consumers obtain information about insurance products and resolve
complaints involving insurers and other licensees.
NEW SUB SECTION: Examination of Records - correct answer-NEW SUB SECTION:
Examination of Records
Can the commisioner examine records whenever he or she pleases? - correct
answer-Yes. The Commissioner may examine the transactions, accounts, records,
documents, and assets of each authorized insurer as often as considered
necessary
When must the commisioner examine? - correct answer-- each insurer holding a
certificate of authority at least once every five years;
- any managing general agent, if necessary, for the company exam; and
REVIEW 2026/2027 – COMPLETE
QUESTIONS & ANSWERS | A+ EXAM PREP
- correct answer-Section 1 Commissioner
How is he elected? - correct answer-Same way as other state officials
When does he take office? - correct answer-Serves for four yerars. Starts wed
after the second monday of January
What must he do before taking officer? - correct answer-Execute a bond of
$25000 payable to state
What are his broad Powers? - correct answer-1) Responsible for examining
insureres 2) issueing licenses 3) regulatings to help carry out provisions of the WA
insurance code
Commissioner has what authority? - correct answer-The Commissioner has the
authority to: conduct
,1) investigations (including formal hearings) to determine whether any person
has violated any provisions of the code;
2) conduct examinations, investigations, and hearings to efficiently administer the
code;
3) take action against any insurance company, fraternal benefit society, health
maintenance organization (HMO), or heathcare service contractor (HCSC) by
revoking or suspending its Washington certificate of authority;
4) fine, revoke, or suspend the licenses of insurance agents, brokers, solicitors, or
adjusters;
5) issue cease and desist orders;
6)and bring actions in court regarding violations of the insurance code.
If there is cause to believe that anyone is violating the insurance code or any
regulation or order made by the Commissioner, the Commissioner may: - correct
answer-issue a cease and desist order; bring an action in court to stop the person
from continuing the violation; or both.
How are actions prosecuted? - correct answer-When requested by the
Commissioner, the state's attorney general and prosecuting attorneys throughout
Washington prosecute or defend all proceedings brought under the code.
Can the commissioner appoint more commisioners amd staff? - correct answer-
The Commissioner may appoint a Chief Deputy Commissioner, who has the power
, to perform any act or duty conferred upon the Commissioner. The Commissioner
may also appoint additional Deputy Commissioners.The Commissioner is
responsible for the official acts of deputies and may revoke a deputy's
appointment. The Commissioner may employ examiners, as well as actuarial,
technical, and administrative assistants as needed.
Anyone who files a grievance must supply as many facts as possible to assist in
the investigation of the complaint, including: - correct answer-the insurance
company's name; the policy or claim number; the name of the agent, broker,
solicitor, or adjuster; the date of the loss or the company's or other licensee's
action; and a complete explanation of the loss or other problem.
Does the commisioner produce tables and conntent? - correct answer-Yes. The
Commissioner is also responsible for obtaining and publishing life expectancy
tables, annuity values, and values of life and term estates. The Commissioner
must help consumers obtain information about insurance products and resolve
complaints involving insurers and other licensees.
NEW SUB SECTION: Examination of Records - correct answer-NEW SUB SECTION:
Examination of Records
Can the commisioner examine records whenever he or she pleases? - correct
answer-Yes. The Commissioner may examine the transactions, accounts, records,
documents, and assets of each authorized insurer as often as considered
necessary
When must the commisioner examine? - correct answer-- each insurer holding a
certificate of authority at least once every five years;
- any managing general agent, if necessary, for the company exam; and
