FLORIDA 2-15 INSURANCE LICENSE EXAM REAL EXAM 155 QUESTIONS WITH CORRECT VERIFIED ANSWERS |AGRADE
FLORIDA 2-15 INSURANCE LICENSE EXAM REAL EXAM 155 QUESTIONS WITH CORRECT VERIFIED ANSWERS |AGRADE What is the name of the law that requires insurers to disclose information gathering practices and where the information was obtained? ANS- Fair Credit Reporting Act A nonprofit incorporated society that does not have capital stock and operates for the sole benefit of members is known as: ANS- A fraternal benefit society What type of reinsurance contract involves two companies automatically sharing their risk exposure? ANS- Treaty Which of the following requires insurers to disclose when an applicant's consumer or credit history is being investigated: ANS- 1970 Fair Credit Reporting Act What year was the McCarran-Ferguson Act enacted? ANS- 1945
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