FLORIDA PUBLIC ADJUSTER STATE TEST
COMPREHENSIVE FINAL EXAM QUESTIONS
WITH SOLUTIONS 2026
● The function of the Insurance Department. Answer: -To see that all
laws regarding insurance are complied with and that the public interest is
protected
-Ensure the competence of individuals who represent the insurance
industry as adjusters, agents, and supervisors
● True or False:
Department of Insurance has the authority to suspend any part or all of
the conduct of insurance business if it believes that a carrier, its agent, or
an adjuster is engaged in any form of unfair method of competition or
trade practice, simply by issuing an emergency "cease and desist" order.
Answer: True
● National Association of Insurance Commissioners (NAIC). Answer:
The leader in the development of Unfair [Insurance] Trade Practice
regulations
, ● What are some unfair methods of competition and unfair and
deceptive acts or practices in the business of insurance:. Answer: -
Misrepresentations and False Advertising of Insurance Policies
-Misrepresentation in Insurance Applications
-Defamation of Insurer
-Failure to Maintain Complaint Handling Procedures
● Florida law defines the following acts as unfair claim settlement
practices:. Answer: 1) Misrepresentation of insurance policy provisions;
2) Failing to adopt and implement reasonable standards for the prompt
investigation of claims;
3) Failing to acknowledge or to act reasonably promptly when claims are
presented; and,
4) Refusing to pay claims without an investigation.
● Binders. Answer: A statement (written or oral) that insurance coverage
is in force. Its purpose is to provide temporary coverage until an actual
insurance policy can be issued.
COMPREHENSIVE FINAL EXAM QUESTIONS
WITH SOLUTIONS 2026
● The function of the Insurance Department. Answer: -To see that all
laws regarding insurance are complied with and that the public interest is
protected
-Ensure the competence of individuals who represent the insurance
industry as adjusters, agents, and supervisors
● True or False:
Department of Insurance has the authority to suspend any part or all of
the conduct of insurance business if it believes that a carrier, its agent, or
an adjuster is engaged in any form of unfair method of competition or
trade practice, simply by issuing an emergency "cease and desist" order.
Answer: True
● National Association of Insurance Commissioners (NAIC). Answer:
The leader in the development of Unfair [Insurance] Trade Practice
regulations
, ● What are some unfair methods of competition and unfair and
deceptive acts or practices in the business of insurance:. Answer: -
Misrepresentations and False Advertising of Insurance Policies
-Misrepresentation in Insurance Applications
-Defamation of Insurer
-Failure to Maintain Complaint Handling Procedures
● Florida law defines the following acts as unfair claim settlement
practices:. Answer: 1) Misrepresentation of insurance policy provisions;
2) Failing to adopt and implement reasonable standards for the prompt
investigation of claims;
3) Failing to acknowledge or to act reasonably promptly when claims are
presented; and,
4) Refusing to pay claims without an investigation.
● Binders. Answer: A statement (written or oral) that insurance coverage
is in force. Its purpose is to provide temporary coverage until an actual
insurance policy can be issued.
