Texas Statutes and Rules Common to Life and Health Insurance
A nonresident Texas licensee moves permanently from Louisiana to Texas. What must the licensee do?
Answer and explanation
Answer: B. Residency drives licence type. A licensee who becomes a Texas resident must apply for the resident licence within the statutory period rather than continuing on nonresident status.Source: Texas Department of Insurance — TDI agent licensing: change of residency and licence conversion
More texas statutes and rules common to life and health insurance questions
- 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?
- Under 28 TAC § 19.1011, what grace period is granted to an agent to complete missing CE hours after license expiration by paying an additional fine?
590 Texas questions like this one.
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