Texas Statutes and Rules Common to Life and Health Insurance
A licensed Texas agent is convicted of a felony in another state. What must the agent do?
Answer and explanation
Answer: A. The reporting duty covers a felony conviction in any jurisdiction, not only Texas and not only insurance-related offences.Source: Texas Insurance Code — Tex. Ins. Code ch. 4001, notice of felony conviction
More texas statutes and rules common to life and health insurance questions
- Of the 24 required CE hours for a Texas life agent, how many hours must specifically cover Ethics under 28 TAC § 19.1003?
- Several insurers writing in Texas agree among themselves that none will do business with an agency that also represents a new competitor. What does this describe?
- TDI investigates a complaint and believes a producer's sales presentation violated Chapter 541. What should happen before a final cease-and-desist order is based on that charge?
- TDI is examining whether a life insurer's Texas practices match its filed procedures. Which item is most appropriate for the examiner to review?
- The Commissioner has reason to believe an insurer used an unfair method of competition. What procedural step normally protects the insurer before an order is entered?
- Two insurers agree to intimidate agencies into refusing business with a competitor, tending to unreasonably restrain the insurance market. Which Texas prohibition most directly applies?
590 Texas questions like this one.
Every answer explained, the ones you miss come back on a spaced schedule, and a plan built from your exam date.