Texas Statutes and Rules Common to Life and Health Insurance

Another state's insurance department fines a Texas-licensed agent and suspends his licence there. What must he do in Texas?

Answer and explanation
Answer: C. A licensee must notify TDI of administrative action taken by the insurance regulator of another state or by another governmental agency, within the statutory reporting window.Source: Texas Insurance Code — Tex. Ins. Code ch. 4001, notice of administrative action by another authority

On the exam in: Texas · difficulty: easy

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