Kentucky Property and Casualty State Laws fully solved 2024

Kentucky Property and Casualty State LawsA licensed agent must report any disciplinary action by the insurance action by the insurance regulatory agency of any other state or territory of the United States to the Commissioner within ______ days. - correct answer 30 The Commissioner _________ and __________ the duties imposed by the Insurance Code. - correct answer Enforces and Executes An insurance producer may not act as an agent of an insurer unless the producer become an appointed agent of the insurer. True or False - correct answer True A licensee must submit proof of compliance with the continuing education requirements to the Commissioner with _____ days after the continuing education biennial compliance date. - correct answer 60 A temporary license can be issued to the ______-______ __________ ___________ of the estate of a deceased agent to provide services to existing policy holders. - correct answer Court-Appointed Personal Representative A nonresident license may be issued to an individual who is licensed as an agent in the agent's _______ of domicile. - correct answer State Failing to affirm or deny coverage on a claim within a reasonable time after receiving a proof of loss is not an unfair claims settlement practice. True or False - correct answer False