Shared Flashcard Set

Details

L/H ch 10
California Insurance Code
7
Insurance
Professional
06/28/2011

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Cards

Term
T/F The NAIC has no jurisdiction over group likfe and group health plans.
Definition
True.
Term
T/F alien insurers are located in another state of the united States
Definition
False
Term
T/F the NAIC has a very strong influence on the insurance industry and how it is conducted
Definition
True
Term
Where does most of hte regualtion take place relative to the insurance industry?
Definition
State level
Term
Name the association of state insurance commisioners involved in the regulation of state insurance practices.
Definition
NAIC
Term
The insurance code provides what
Definition
state law of california law as applied to the practice and principles of insurance
Term
An insurance producer is attempting to reassure a client concerned about eh safety of a company she represents. She may NOT:
Definition
state that the since the
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