Georgia Property &
Casualty Insurance Exam
2026 | Practice Questions
& Answers
|Graded A+ | Guaranteed
success|
Updated 2026 Questions and Answers
100% Verified Exam Prep and Comprehensive
Rationales
Included
, Mutual companies Owned by the policyowners and issue participating policies. Policyowners are
entitled to dividends, which are a return of excess premium and are nontaxable.
6 classes of insurance in Georgia 1. Life, accident, and sickness
2. Property, marine, and transportation
3. Casualty
4. Surety
5. Title
6. HMOs
How often must the Insurance Commission examine Once every 5 years.
domestic insurers?
What are the timelines if a hearing is requested? A hearing must be made within 30 days of the receipt of the request.
A notification of the hearing must be sent at least 15 days in advance.
Within 30 days of the hearing, the Commissioner must release his decision.
What are the penalties after a notice, hearing, and cease A fine of up to $10,000 per violation
and desist order? Suspension/revocation of license
Any other appropriate relief.
Express authority the authority of an agent, stated in the document or agreement creating the
agency
Implied authority Authority that is not expressed or written into the contract, but which the agent is
assumed to have in order to transact the business of insurance for the principal.
Apparent authority The appearance or the assumption of authority based on the actions, words, or
deeds of the principal or because of circumstances the principal created.
When does an agents license expire? Licenses are good to for 2 years and expire on the last day of the licensee's with
month.
What are the CE requirements for an agent? 24 CE credit hours every 2 years, including 3 credit hours of ethics.
Agents with licensed for 20 years only need 20 CE credit hours, including ethics.
How long must an agent keep records regarding All records must be kept for 5 years after the completion of a transaction or for
contracts, premiums, etc.? the term of the contract, whichever is greater.
Misrepresentation Issuing, publishing, or circulation and illustration or sales materials that is false,
misleading, or deceptive as to policy benefits or terms, the payments of
dividends, etc.
False advertising advertising that is misleading in some important way, including the failure to
reveal facts about possible results from using the advertised products
Rebating Any inducement offered in the sale of insurance products that is not specified in
the policy. They are illegal in Georgia.
Casualty Insurance Exam
2026 | Practice Questions
& Answers
|Graded A+ | Guaranteed
success|
Updated 2026 Questions and Answers
100% Verified Exam Prep and Comprehensive
Rationales
Included
, Mutual companies Owned by the policyowners and issue participating policies. Policyowners are
entitled to dividends, which are a return of excess premium and are nontaxable.
6 classes of insurance in Georgia 1. Life, accident, and sickness
2. Property, marine, and transportation
3. Casualty
4. Surety
5. Title
6. HMOs
How often must the Insurance Commission examine Once every 5 years.
domestic insurers?
What are the timelines if a hearing is requested? A hearing must be made within 30 days of the receipt of the request.
A notification of the hearing must be sent at least 15 days in advance.
Within 30 days of the hearing, the Commissioner must release his decision.
What are the penalties after a notice, hearing, and cease A fine of up to $10,000 per violation
and desist order? Suspension/revocation of license
Any other appropriate relief.
Express authority the authority of an agent, stated in the document or agreement creating the
agency
Implied authority Authority that is not expressed or written into the contract, but which the agent is
assumed to have in order to transact the business of insurance for the principal.
Apparent authority The appearance or the assumption of authority based on the actions, words, or
deeds of the principal or because of circumstances the principal created.
When does an agents license expire? Licenses are good to for 2 years and expire on the last day of the licensee's with
month.
What are the CE requirements for an agent? 24 CE credit hours every 2 years, including 3 credit hours of ethics.
Agents with licensed for 20 years only need 20 CE credit hours, including ethics.
How long must an agent keep records regarding All records must be kept for 5 years after the completion of a transaction or for
contracts, premiums, etc.? the term of the contract, whichever is greater.
Misrepresentation Issuing, publishing, or circulation and illustration or sales materials that is false,
misleading, or deceptive as to policy benefits or terms, the payments of
dividends, etc.
False advertising advertising that is misleading in some important way, including the failure to
reveal facts about possible results from using the advertised products
Rebating Any inducement offered in the sale of insurance products that is not specified in
the policy. They are illegal in Georgia.
