Florida statutes, rules, and regulations common to all lines exam questions with 100% correct answers | latest update 2024/2025

Florida statutes, rules, and regulations common to all lines exam questions with 100% correct answers | latest update 2024/2025 which of the following is NOT a responsibility of Office of Insurance Regulation? - Answer ️️ -Enacting new insurance laws. which of the following is true regarding branch agency licensing? - Answer ️️ -agent in charge must be licensed the requirement that agents not commingle insurance monies with their own funds is known as - Answer ️️ -Fiduciary responsibility on its advertisement, a company claims that it has funds in its possession that are, in fact, not available for the payment of losses or claims. the company is guilty of - Answer ️️ - Misrepresentation. which of the following insurers are owned by stockholders who have the usual rights of ownership, including the right of voting? - Answer ️️ -stock no insurance policy form can be issued, delivered, or used in this state unless it has been - Answer ️️ -filed with and approved by the office of insurance regulation insurance contracts are agreements between which two parties? - Answer ️️ -insurer and insured which of the following is an agreement between an insured and an insurer, where the insurer agrees to indemnify the insured for specific losses in exchange for a premium? - Answer ️️ - the insurance contrac