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3 Cards in this Set
- Front
- Back
- 3rd side (hint)
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An insurance professional that is accused of dishonesty or breach of trust involving interstate commerce under the Federal Fraud and False Statement Regulation of the United States Code (USC 1033) will be prosecuted by: |
The U.S. Attorney general |
This breach of trust or dishonesty involving interstate commerce is a violation of USC 1033 and therefore prosecuted by the United States Attorney General's office. |
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Which of the following is not a duty of an insurer in case of a loss? |
Separate the damaged property from the undamaged property and protect the property from further loss. |
The insurance company is not required to separate the damaged property from the undamaged property nor to protect the property from further loss. This is the responsibility of the insured |
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The information provided by the insured in a proof of loss form is considered: |
A representation. |
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