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14 Cards in this Set
- Front
- Back
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Maximum fine each day of a violation |
100 |
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Maximum penalty in total for cease and Desist order |
5000 |
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The director must examine an insurer at least once every ____years |
5 |
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Maximum fine for refusal to submit to an examination with the director |
$2000 |
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The director may issue a temporary non-producer license for a maximum of ______ days to a surviving spouse, business partner, or employee if a producer dies, becomes disabled, or is called to active military |
180 days |
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A temporary producer license may be issued for _____ days provided the applicant is currently enrolled in pre-licensing course. |
90 days |
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Pre-licensing study requirement How many hours per line of authority |
20 hours |
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Maximum number of hours required in the classroom |
7.5 hours |
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Total continuing Education CE hours required for each two year licensing period |
24 |
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Include how many hours for ethics |
3 hours |
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Penalties for unfair claims practices |
$250,000 |
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Misrepresentation penalties |
$10,000 |
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Defamation |
$10,000 |
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Unfair marketing practices per violation |
$1,000 |
