Insurance Regulation
Does New York ever issue a producer license without a written examination?
Answer and explanation
Answer: A. Section 2103(g) waives the examination in eleven specified circumstances, including certain professional designations and reciprocal state licensees. The waiver is therefore neither universal nor available on length of service or an insurer's certificate.Source: N.Y. Ins. Law § 2103 — 2103(g), Waiver of examination
More insurance regulation questions
- What must a producer disclose to the purchaser at or prior to application under Regulation 194?
- What penalty does section 2324 attach to each rebating violation?
- What power does section 2404 give the superintendent over a person suspected of an unfair trade practice?
- What turns one of the listed acts into an unfair claim settlement practice under section 2601?
- When may a licensee receive a share of the commission on insurance placed with a governmental entity under section 2128?
- When must a licensee give a customer the initial privacy notice required by Regulation 169?
621 New York questions like this one.
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