Louisiana Insurance
Automobile Adjuster
Exam
2026
Questions and Answers
(A+ Grade Guarantee)
2026
, Louisiana Insurance: Automobile Adjuster
Study online at https://quizlet.com/_7sewx0
1. Claims Settle- Specifies the valuation method(s) used to pay losses.
ment
2. Adjuster A representative of an insurance company who investigates and acts on the behalf
of the company to obtain agreements for the amount of the insurance claim.
3. Automobile in- Adjuster responsible for the estimation and disposition of claims involving policies
surance adjuster written on the personal and real property of an individual or individuals
4. Business Entity a corporation, association, partnership, limited liability company, limited liability
partnership, or other legal entity
5. Commissioner of State officer who administers the state's insurance laws and regulations. Elected
Insurance official, 4 year term.
6. Commercial lines Responsible for the estimation and disposition of claims involving coverages for
adjuster businesses, commercial institutions, and professional organizations.
7. Comprehensive Responsible for handling property and casualty claims of any type.
adjuster
8. Deceptive Trade Activity in which an individual or business engages that is calculated to mislead
Practices or lure the public into purchasing a product or service.
9. Declaration of Resident and non-resident producers will be treated equally and accepts uniform
Uniform Treat- applications as the only non-resident licensing applications.
ment
10. Emergency Ad- Valid for 180 days and issued in the event that additional personnel are needed
juster License to process claims following a catastrophe.
11. Federal Violent Provides that persons convicted of a felony involving dishonesty or breach of trust
Crime Control & may engage in the business of insurance or participate in such business only with
the written consent of the Commissioner of Insurance
2026
, Louisiana Insurance: Automobile Adjuster
Study online at https://quizlet.com/_7sewx0
Law Enforcement
Act
12. Fingerprinting An impression of the lines on the finger taken for the purpose of identification
13. established that each portion of services business is to be regulated separately.
Gramm-Leach-Bliley
Act of 1999
14. Home State the District of Columbia and any state or territory of the U.S. in which an insurance
agent maintains his/her principle place of residence or principal place of business
and is licensed to act as an insurance agent
15. Individuals a natural person
16. Insurer Any type of insurance company authorized or approved unauthorized to conduct
business in Louisiana
17. interstate com- traffic, intercourse, commercial trading , or the transportation of person or prop-
merce erty between or among the several states of the Union, or from or between points
in one state and points in another state
18. Limited Claims Specifically limits the kinds of insurance that may be handled and those that hold
Adjuster License a limited adjuster license are not able to adjust insurance claims other than those
for which the adjuster is specifically licensed
19. McCarran-Fergu- states that continued regulation and taxation of the insurance industry by the
son Act (1945) states are in the public interest
20. nonresident Does not maintain a principal residence or business in Louisiana
21. Paul vs. Virginia - Affirmed the right of the states to regulate insurance.
(1868) - The court ruled that insurance was not interstate commerce.
22.
2026
, Louisiana Insurance: Automobile Adjuster
Study online at https://quizlet.com/_7sewx0
personal lines Responsible for the estimation and disposition of claims involving policies written
adjuster on the personal and real property of an individual(s).
23. Public Adjuster A person hired by the insured to settle the claim with the insurance company on
their behalf.
24. United States vs Reversed Paul vs. Virginia: Ruled that insurance was interstate commerce subject
South Eastern to federal anti-trust laws
Underwriters As-
sociation (1944)
25. Unfair Claims - sets claims handling guidelines. For a claims activity to be considered unfair, the
Settlements activity must occur frequently enough to indicate a business practice.
Practices Act
26. Acceptance Acceptance occurs when a party to whom an offer has been made4 either agrees
to the proposal or does what is proposed
27. Aleatory Contract a contract where the values exchanged may not be equal but depend on an
uncertain event
28. caveat emptor let the buyer beware
29. Concealment The failure to disclose material facts.( or silence when obligated to speak)
30. Conditional Con- A contract that one or more parties must perform only under certain conditions.
tract
31. Consideration something of value exchanged for something else of value (quid pro quo)
32. contract a binding agreement between two or more persons that is enforceable by law
33. Contract of Adhe- Any contract in which one party must either accept the agreement as written by
sion the other party or reject it.
2026
Automobile Adjuster
Exam
2026
Questions and Answers
(A+ Grade Guarantee)
2026
, Louisiana Insurance: Automobile Adjuster
Study online at https://quizlet.com/_7sewx0
1. Claims Settle- Specifies the valuation method(s) used to pay losses.
ment
2. Adjuster A representative of an insurance company who investigates and acts on the behalf
of the company to obtain agreements for the amount of the insurance claim.
3. Automobile in- Adjuster responsible for the estimation and disposition of claims involving policies
surance adjuster written on the personal and real property of an individual or individuals
4. Business Entity a corporation, association, partnership, limited liability company, limited liability
partnership, or other legal entity
5. Commissioner of State officer who administers the state's insurance laws and regulations. Elected
Insurance official, 4 year term.
6. Commercial lines Responsible for the estimation and disposition of claims involving coverages for
adjuster businesses, commercial institutions, and professional organizations.
7. Comprehensive Responsible for handling property and casualty claims of any type.
adjuster
8. Deceptive Trade Activity in which an individual or business engages that is calculated to mislead
Practices or lure the public into purchasing a product or service.
9. Declaration of Resident and non-resident producers will be treated equally and accepts uniform
Uniform Treat- applications as the only non-resident licensing applications.
ment
10. Emergency Ad- Valid for 180 days and issued in the event that additional personnel are needed
juster License to process claims following a catastrophe.
11. Federal Violent Provides that persons convicted of a felony involving dishonesty or breach of trust
Crime Control & may engage in the business of insurance or participate in such business only with
the written consent of the Commissioner of Insurance
2026
, Louisiana Insurance: Automobile Adjuster
Study online at https://quizlet.com/_7sewx0
Law Enforcement
Act
12. Fingerprinting An impression of the lines on the finger taken for the purpose of identification
13. established that each portion of services business is to be regulated separately.
Gramm-Leach-Bliley
Act of 1999
14. Home State the District of Columbia and any state or territory of the U.S. in which an insurance
agent maintains his/her principle place of residence or principal place of business
and is licensed to act as an insurance agent
15. Individuals a natural person
16. Insurer Any type of insurance company authorized or approved unauthorized to conduct
business in Louisiana
17. interstate com- traffic, intercourse, commercial trading , or the transportation of person or prop-
merce erty between or among the several states of the Union, or from or between points
in one state and points in another state
18. Limited Claims Specifically limits the kinds of insurance that may be handled and those that hold
Adjuster License a limited adjuster license are not able to adjust insurance claims other than those
for which the adjuster is specifically licensed
19. McCarran-Fergu- states that continued regulation and taxation of the insurance industry by the
son Act (1945) states are in the public interest
20. nonresident Does not maintain a principal residence or business in Louisiana
21. Paul vs. Virginia - Affirmed the right of the states to regulate insurance.
(1868) - The court ruled that insurance was not interstate commerce.
22.
2026
, Louisiana Insurance: Automobile Adjuster
Study online at https://quizlet.com/_7sewx0
personal lines Responsible for the estimation and disposition of claims involving policies written
adjuster on the personal and real property of an individual(s).
23. Public Adjuster A person hired by the insured to settle the claim with the insurance company on
their behalf.
24. United States vs Reversed Paul vs. Virginia: Ruled that insurance was interstate commerce subject
South Eastern to federal anti-trust laws
Underwriters As-
sociation (1944)
25. Unfair Claims - sets claims handling guidelines. For a claims activity to be considered unfair, the
Settlements activity must occur frequently enough to indicate a business practice.
Practices Act
26. Acceptance Acceptance occurs when a party to whom an offer has been made4 either agrees
to the proposal or does what is proposed
27. Aleatory Contract a contract where the values exchanged may not be equal but depend on an
uncertain event
28. caveat emptor let the buyer beware
29. Concealment The failure to disclose material facts.( or silence when obligated to speak)
30. Conditional Con- A contract that one or more parties must perform only under certain conditions.
tract
31. Consideration something of value exchanged for something else of value (quid pro quo)
32. contract a binding agreement between two or more persons that is enforceable by law
33. Contract of Adhe- Any contract in which one party must either accept the agreement as written by
sion the other party or reject it.
2026
