Ohio Property and Casualty (2026) EXAM
QUESTIONS AND ALL CORRECT ANSWERS
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Terms in this set (278)
Timing of Renewal of License Apply biennially on or before the last day of the
licensee's birth month
Temporary License-How many Period not to exceed 180 days
days?
Notice of Administrative Action- Notify the Superintendent within 30 days after
Timing the final disposition of the matter
Notice of Criminal Prosecution - Within 30 days after the initial appearance before
Timing a judge
Final Disposition of the Prosecution Provide a certified copy of order that reflects the
- Timing final disposition within 30 days
Continuing Education - Number of 24 hours
Hours Every Licensing Period
How many Ethics Hours are 3 hours
Required each Licensing Period
, CE Carry-Forward Allowed each 12 hours
year
Inactive License-how ,any months Must be inactive for at least 24 months
must be Inc time?
Participates During Inactive Status- Superintendent may revoke or suspend license
Fine and impose up to a $25,000 fine
Fine for Violation of Insurance Up to a $25,000 fine per violation
Regulations
Fine for Transacting Insurance Misdemeanor-Between $25 and $500 and
Business without a License imprisoned for up to 6 months or both
Fine for Selling Insurance for an License revoked-fine of between $25 and $500,
Unauthorized Company and imprisoned up to 6 months, or both
Fines for Surplus Lines agent found Fined between $25 and $500 and imprisoned up
guilty of violating regulations to 1 year, or both
regarding unauthorized insurance
Fine for Failure to File the Proper Fined between $100 and $500
Fees, Taxes or Assessments or
Violates Advertising Regulations
What is Issued if a violation will Cease and desist order
cause a substantial or material harm
Cease and Desist order applies to: Specific act that is subject to the order
Fine if fail to honor a cease and Civil penalty up to $10,000
desist order
QUESTIONS AND ALL CORRECT ANSWERS
100% SOLVED AND GUARANTEED SUCCESS!!
Save
Terms in this set (278)
Timing of Renewal of License Apply biennially on or before the last day of the
licensee's birth month
Temporary License-How many Period not to exceed 180 days
days?
Notice of Administrative Action- Notify the Superintendent within 30 days after
Timing the final disposition of the matter
Notice of Criminal Prosecution - Within 30 days after the initial appearance before
Timing a judge
Final Disposition of the Prosecution Provide a certified copy of order that reflects the
- Timing final disposition within 30 days
Continuing Education - Number of 24 hours
Hours Every Licensing Period
How many Ethics Hours are 3 hours
Required each Licensing Period
, CE Carry-Forward Allowed each 12 hours
year
Inactive License-how ,any months Must be inactive for at least 24 months
must be Inc time?
Participates During Inactive Status- Superintendent may revoke or suspend license
Fine and impose up to a $25,000 fine
Fine for Violation of Insurance Up to a $25,000 fine per violation
Regulations
Fine for Transacting Insurance Misdemeanor-Between $25 and $500 and
Business without a License imprisoned for up to 6 months or both
Fine for Selling Insurance for an License revoked-fine of between $25 and $500,
Unauthorized Company and imprisoned up to 6 months, or both
Fines for Surplus Lines agent found Fined between $25 and $500 and imprisoned up
guilty of violating regulations to 1 year, or both
regarding unauthorized insurance
Fine for Failure to File the Proper Fined between $100 and $500
Fees, Taxes or Assessments or
Violates Advertising Regulations
What is Issued if a violation will Cease and desist order
cause a substantial or material harm
Cease and Desist order applies to: Specific act that is subject to the order
Fine if fail to honor a cease and Civil penalty up to $10,000
desist order
