FLORIDA STATUTES 2026 CORE EXAM SET QUESTIONS
AND ANSWERS RATED A+
✔✔A "________________" insurer is one formed under the laws of any state, district,
territory, or commonwealth of the United States other than Florida. - ✔✔foreign
✔✔An "__________________" insurer is one duly authorized by a subsisting certificate
of authority issued by the department to transact insurance in Florida. - ✔✔authorized
✔✔The difference between a Stock Insurance Company and a Mutual Insurance
Company is ownership and __________________. - ✔✔control
✔✔ERISA has a "________________ clause" which sets apart for the states all rights
not reserved under ERISA. - ✔✔savings
✔✔Construction elements must be documented by a licensed ___________________
professional for wind mitigation credits to apply. - ✔✔construction
✔✔Any person offering the sale of insurance at the time of and in connection with an
application or extension of credit must disclose so in ______________________. -
✔✔writing
✔✔Defamation includes both __________ and slander. - ✔✔libel
✔✔A General Lines Agent licensed 6 or more years is required to obtain _______ hours
of continuing education every two years. - ✔✔20
✔✔A General Lines Agent licensed LESS THAN 6 YEARS is required to obtain 24
hours of continuing education every _________ years. - ✔✔2
✔✔Any preliminary negotiations of an insurance policy is considered "transacting
_______________________". - ✔✔insurance
✔✔Ethics is the study of __________________ behavior and is the cornerstone of
professionalism in the insurance industry. - ✔✔moral
✔✔An _______________________ includes every person engaged as indemnitor,
surety, or contractor in the business of entering into contracts of insurance or of annuity.
- ✔✔insurer
, ✔✔Every ________________ Lines Agent transacting any insurance policy must
maintain in his or her office, or have readily accessible by electronic or photographic
means, such records of policies transacted by him or her. - ✔✔General
✔✔An insurance company owned by _________________________ is a Stock
Insurance Company. - ✔✔stockholders
✔✔The abbreviation for Florida Insurance Guaranty Association is? - ✔✔FIGA
✔✔This type of insurer is one which does not have a certificate of authority issued by
the department to transact insurance in this state. - ✔✔unauthorized
✔✔Wind Mitigation protection for "openings" must pass the "_____________Missile
Test". - ✔✔large
✔✔The consequence for acting as an insurer without proper licensure include is a
__________degree felony. - ✔✔third
✔✔Gable roofs have two roof lines which basically form the shape of an _______. -
✔✔A
✔✔An insurer other than a domestic or foreign insurer. - ✔✔alien
✔✔FIGA is a statutorily created association that pays certain outstanding claims of
_________________ insurance companies. - ✔✔insolvent
✔✔Roof Decks attached with 6d common nails at six inch intervals are eligible or are
not eligible for mitigation credits. - ✔✔not eligible
✔✔An insurance company owned by stockholders is a _________________ insurance
company. - ✔✔stock
✔✔The most common roof decking material is? - ✔✔plywood
✔✔The Department of Financial Services requires notice of any name or address
change within how many days of the change. - ✔✔30
✔✔Failure to account for funds held in trust for an insurer or insured may result in either
a suspension, termination, or license ________________________. - ✔✔revocation
✔✔Who requires all insurance companies to file Wind Mitigation credits. - ✔✔OIR
AND ANSWERS RATED A+
✔✔A "________________" insurer is one formed under the laws of any state, district,
territory, or commonwealth of the United States other than Florida. - ✔✔foreign
✔✔An "__________________" insurer is one duly authorized by a subsisting certificate
of authority issued by the department to transact insurance in Florida. - ✔✔authorized
✔✔The difference between a Stock Insurance Company and a Mutual Insurance
Company is ownership and __________________. - ✔✔control
✔✔ERISA has a "________________ clause" which sets apart for the states all rights
not reserved under ERISA. - ✔✔savings
✔✔Construction elements must be documented by a licensed ___________________
professional for wind mitigation credits to apply. - ✔✔construction
✔✔Any person offering the sale of insurance at the time of and in connection with an
application or extension of credit must disclose so in ______________________. -
✔✔writing
✔✔Defamation includes both __________ and slander. - ✔✔libel
✔✔A General Lines Agent licensed 6 or more years is required to obtain _______ hours
of continuing education every two years. - ✔✔20
✔✔A General Lines Agent licensed LESS THAN 6 YEARS is required to obtain 24
hours of continuing education every _________ years. - ✔✔2
✔✔Any preliminary negotiations of an insurance policy is considered "transacting
_______________________". - ✔✔insurance
✔✔Ethics is the study of __________________ behavior and is the cornerstone of
professionalism in the insurance industry. - ✔✔moral
✔✔An _______________________ includes every person engaged as indemnitor,
surety, or contractor in the business of entering into contracts of insurance or of annuity.
- ✔✔insurer
, ✔✔Every ________________ Lines Agent transacting any insurance policy must
maintain in his or her office, or have readily accessible by electronic or photographic
means, such records of policies transacted by him or her. - ✔✔General
✔✔An insurance company owned by _________________________ is a Stock
Insurance Company. - ✔✔stockholders
✔✔The abbreviation for Florida Insurance Guaranty Association is? - ✔✔FIGA
✔✔This type of insurer is one which does not have a certificate of authority issued by
the department to transact insurance in this state. - ✔✔unauthorized
✔✔Wind Mitigation protection for "openings" must pass the "_____________Missile
Test". - ✔✔large
✔✔The consequence for acting as an insurer without proper licensure include is a
__________degree felony. - ✔✔third
✔✔Gable roofs have two roof lines which basically form the shape of an _______. -
✔✔A
✔✔An insurer other than a domestic or foreign insurer. - ✔✔alien
✔✔FIGA is a statutorily created association that pays certain outstanding claims of
_________________ insurance companies. - ✔✔insolvent
✔✔Roof Decks attached with 6d common nails at six inch intervals are eligible or are
not eligible for mitigation credits. - ✔✔not eligible
✔✔An insurance company owned by stockholders is a _________________ insurance
company. - ✔✔stock
✔✔The most common roof decking material is? - ✔✔plywood
✔✔The Department of Financial Services requires notice of any name or address
change within how many days of the change. - ✔✔30
✔✔Failure to account for funds held in trust for an insurer or insured may result in either
a suspension, termination, or license ________________________. - ✔✔revocation
✔✔Who requires all insurance companies to file Wind Mitigation credits. - ✔✔OIR
