Georgia laws rules regulations pertinent to all
adjusters Questions and Answers
what is twisting? Correct Ans-when an agent convinces you to replace your policy with
another that is worse. helps the agent but hurts you financially.
what is coercion? Correct Ans-to impose ones will on another by menas of force or threat.
physical or psychological.
what is rebating? Correct Ans-an agent promising part of there commission to the buyer.
illegal in Georgia
naic Correct Ans-national association of insurance commissioners
created in 1871 by the national insurance commission act
establish standards and best practices. also conduct peer reviews and coordinate state based
insurance regulations.
ISO Correct Ans-Insurance service office
provides statistical and actuarial inforamation on property and casualty insurance including
personal in commercial.
, enacted in 1971
HIPAA Correct Ans-Health Insurance Portability and Accountability Act
enacted in 1996
goal is to protect health insurance coverage for workers and their families when they lose or
change jobs(portability)
protect health data and confidentiality(accountability)
IIPPA Correct Ans-Insurance information and privacy protection act
establishes privacy standards for the collection and use and disclosure in connection with
insurance transactions by insurance institutions agents and insurance related organizations
enacted???
how many consecutive days to you need to be out of work to be pad for the first week for
workers compensation benefits? Correct Ans-21 days.
adjusters Questions and Answers
what is twisting? Correct Ans-when an agent convinces you to replace your policy with
another that is worse. helps the agent but hurts you financially.
what is coercion? Correct Ans-to impose ones will on another by menas of force or threat.
physical or psychological.
what is rebating? Correct Ans-an agent promising part of there commission to the buyer.
illegal in Georgia
naic Correct Ans-national association of insurance commissioners
created in 1871 by the national insurance commission act
establish standards and best practices. also conduct peer reviews and coordinate state based
insurance regulations.
ISO Correct Ans-Insurance service office
provides statistical and actuarial inforamation on property and casualty insurance including
personal in commercial.
, enacted in 1971
HIPAA Correct Ans-Health Insurance Portability and Accountability Act
enacted in 1996
goal is to protect health insurance coverage for workers and their families when they lose or
change jobs(portability)
protect health data and confidentiality(accountability)
IIPPA Correct Ans-Insurance information and privacy protection act
establishes privacy standards for the collection and use and disclosure in connection with
insurance transactions by insurance institutions agents and insurance related organizations
enacted???
how many consecutive days to you need to be out of work to be pad for the first week for
workers compensation benefits? Correct Ans-21 days.
