WEST VIRGINIA PROPERTY AND
CASUALTY LAW EXAM QUESTIONS
AND ANSWERS 2026
The West Virginia Insurance Guaranty Association may do all of the following EXCEPT:
- ANSWERSInvest the assets of troubled insurers.
The Commissioner is given all of the following powers EXCEPT: -
ANSWERSProsecuting people
To be licensed as an excess lines broker, an agent must do all of the following
EXCEPT: - ANSWERSCease operating as an agent
When a personal automobile policy has been in force for less that 60 days, it may be
cancelled by the insurer: - ANSWERSFor any reason
Malpractice insurance may only be cancelled if the insurer notifies the insured by
certified mail at least how many days before the date of cancellation? - ANSWERS30
The purpose of the West Virginia Essential Insurance Coverage Act is to provide: -
ANSWERSNecessary property insurance
Oral or written statements that are false or derogatory regarding an insurer's financial
condition is considered: - ANSWERSDefamation
The maximum amount an insurer is required to offer under uninsured motorists
coverage is: - ANSWERS$100,000 per person/$300,000 per accident for bodily
injury/$50,000 for property damage
All of the following are unfair trade practices EXCEPT: - ANSWERSProviding a
comparison of coverages
Under a valued policy law, the amount that must be paid by an insurer in the event of a
total loss to insured property is the: - ANSWERSFace value of the policy
Proof of financial responsibility may be provided using any of the following methods
EXCEPT: - ANSWERSA bank statement
After a hearing, if the commissioner finds that a person has been engaging in deceptive
practices, all of the following penalties may be imposed EXCEPT: - ANSWERSFines
may be imposed in a total amount up to $100,000
, Which of the following statements regarding nonresident agent licenses is NOT correct?
- ANSWERSThe person is subject to the continuing education requirement
How many days' advance notice must an insurer give to an insured before refusing to
renew a malpractice insurance policy? - ANSWERS90 Days
After receiving notification from the Insurance Commissioner that the application for a
license has been denied, the applicant has how many days to request a hearing? -
ANSWERS10
Once a policy insuring residential property has been in effect for at least 4 years, it may
be cancelled for which of the following reasons? - ANSWERSThe insured fails to pay
property taxes for 2 or more years.
To non renew a malpractice policy, the insurer is required to notify the policyholder how
many days before the policy's expiration? - ANSWERS90
Insurers of residential property are required to notify policyholders of their renewal
intentions? - ANSWERS30 days before the renewal date
When a policy of malpractice insurance has been in effect for at least 60 days, it may be
cancelled for which of the following reasons? - ANSWERSThe insurance company is
unable to secure reinsurance
The West Virginia Guaranty Association is responsible for paying covered claims up to
a maximum of: - ANSWERS$300,000
Which of the following employee classifications is covered under the workers'
compensation act in West Virginia? - ANSWERSSole proprietors
In West Virginia, an insurer formed under the laws of Massachusetts and authorized to
do business in West Virginia is considered a? - ANSWERSForeign company
Willful violation of the state's property insurance insurance cancellation provisions may
result in a fine of up to? - ANSWERS$5,000
When the Commissioner holds a hearing, the costs for the service of legal process and
for obtaining the attendance of witnesses and copies of records and transcripts may be
assigned to: - ANSWERSAny party against whom findings were made
The duties of the West Virginia Guaranty Association include all of the following
EXCEPT: - ANSWERSMonitoring insurer solvency
The issuance and delivery by an insurer at the end of a policy period of a policy
superseding a policy previously issued and delivered by the same insurer is known as: -
ANSWERSA renewal
CASUALTY LAW EXAM QUESTIONS
AND ANSWERS 2026
The West Virginia Insurance Guaranty Association may do all of the following EXCEPT:
- ANSWERSInvest the assets of troubled insurers.
The Commissioner is given all of the following powers EXCEPT: -
ANSWERSProsecuting people
To be licensed as an excess lines broker, an agent must do all of the following
EXCEPT: - ANSWERSCease operating as an agent
When a personal automobile policy has been in force for less that 60 days, it may be
cancelled by the insurer: - ANSWERSFor any reason
Malpractice insurance may only be cancelled if the insurer notifies the insured by
certified mail at least how many days before the date of cancellation? - ANSWERS30
The purpose of the West Virginia Essential Insurance Coverage Act is to provide: -
ANSWERSNecessary property insurance
Oral or written statements that are false or derogatory regarding an insurer's financial
condition is considered: - ANSWERSDefamation
The maximum amount an insurer is required to offer under uninsured motorists
coverage is: - ANSWERS$100,000 per person/$300,000 per accident for bodily
injury/$50,000 for property damage
All of the following are unfair trade practices EXCEPT: - ANSWERSProviding a
comparison of coverages
Under a valued policy law, the amount that must be paid by an insurer in the event of a
total loss to insured property is the: - ANSWERSFace value of the policy
Proof of financial responsibility may be provided using any of the following methods
EXCEPT: - ANSWERSA bank statement
After a hearing, if the commissioner finds that a person has been engaging in deceptive
practices, all of the following penalties may be imposed EXCEPT: - ANSWERSFines
may be imposed in a total amount up to $100,000
, Which of the following statements regarding nonresident agent licenses is NOT correct?
- ANSWERSThe person is subject to the continuing education requirement
How many days' advance notice must an insurer give to an insured before refusing to
renew a malpractice insurance policy? - ANSWERS90 Days
After receiving notification from the Insurance Commissioner that the application for a
license has been denied, the applicant has how many days to request a hearing? -
ANSWERS10
Once a policy insuring residential property has been in effect for at least 4 years, it may
be cancelled for which of the following reasons? - ANSWERSThe insured fails to pay
property taxes for 2 or more years.
To non renew a malpractice policy, the insurer is required to notify the policyholder how
many days before the policy's expiration? - ANSWERS90
Insurers of residential property are required to notify policyholders of their renewal
intentions? - ANSWERS30 days before the renewal date
When a policy of malpractice insurance has been in effect for at least 60 days, it may be
cancelled for which of the following reasons? - ANSWERSThe insurance company is
unable to secure reinsurance
The West Virginia Guaranty Association is responsible for paying covered claims up to
a maximum of: - ANSWERS$300,000
Which of the following employee classifications is covered under the workers'
compensation act in West Virginia? - ANSWERSSole proprietors
In West Virginia, an insurer formed under the laws of Massachusetts and authorized to
do business in West Virginia is considered a? - ANSWERSForeign company
Willful violation of the state's property insurance insurance cancellation provisions may
result in a fine of up to? - ANSWERS$5,000
When the Commissioner holds a hearing, the costs for the service of legal process and
for obtaining the attendance of witnesses and copies of records and transcripts may be
assigned to: - ANSWERSAny party against whom findings were made
The duties of the West Virginia Guaranty Association include all of the following
EXCEPT: - ANSWERSMonitoring insurer solvency
The issuance and delivery by an insurer at the end of a policy period of a policy
superseding a policy previously issued and delivered by the same insurer is known as: -
ANSWERSA renewal
