MS Property & Casualty Questions and Answers Already Passed

MS Property & Casualty Questions and Answers Already Passed To renew a producer license which is been in affect more than 18 months, a producer must complete ___________ 24 hrs & 3 of those hours ethics To renew a producer license which is been in effect for 18 months or less, a producer must complete________ of CE. 12 hrs A producer must report to the commissioner any administrative action taken against the producer in any jurisdiction, for by another governmental agency in the state within___________ of the final disposition of the matter. 30 days How many hrs for Prelicensing education requirement hours needed for life/health/accident and property and casualty agent in Mississippi 40 hrs Licensees must inform the commissioner of any change of address or name within _______ days of the change. 30 days The insurer or authorized representative of the insurer that terminates the appointment, employment, contracts, or other insurance business relationship with the producer must notify the commissioner within ________ days following the eff date of termination. Ex. Non production 30 days The commissioner may issue a temporary insurance producer license for a period not to exceed _________ days without requiring an examination if deemed necessary 180 days (exact) or 6 months A person licensed as an insurance Producer in another state who moved to Mississippi must make application within ________ days of establishing legal residence to become a resident licensing 90 days No licensee whose license has been revoked will be entitled to file another application for a license as a producer within ______ year from the effective date of such revocation 1 year If the commissioner is requesting a hearing with an agent — the notice will state the time and place for the hearing which means must be held not less than _______ days after the date notice is served 10 days When does the commissioner submit an annual report to the governor? May 1st Annual report doesn't include... Complaints filed by insureds This is unlimited in Mississippi Medical benefits Insurance is regulated at the... State level Mike Chaney is the... State insurance commissioner & state fire marshal Is the fine for violation of any provision of the insurance laws of Mississippi for which a different penalty is not specifically provided (against commissioner) $5,000 Is the fine for violating cease and desist order $1,000 The number of days from the date the agency contract is executed or the first insurance application is submitted that you're appointing insurer must file, in an approved format, a notice of appointment 15 days The number of hours for the prelicensing education requirement for adjuster only, property only or casualty only. 20 hours Solicit new business or service existing