Publishing FALSE or maliciously critical material which is derogatory to the financial condition of an insurer is an illegal practice known as:
Defamation
A person aggrieved by any order of the commissioner on a hearing may appeal and demand a court review. He appeals to the:
District Court for East Baton Rouge Parish
Promising to return a portion of a premium to a prospective insurance buyer is an illegal practice known as:
Rebating
ALL are Unfair Claims Settlement Practices EXCEPT:
Filing a Fraudulent claim.
ALL of the following are Unfair Trade Practices EXCEPT:
Controlled business
When a person or organization demands a hearing before the commissioner for a legitimate reason, the hearing MUST be held within:
30 days
What is the MAXIMUM fine that may be imposed for a willful violation of a cease and desist order issued by the commissioner?
$25,000
When the commissioner orders a hearing EXCEPT in cases involving insolvency, the notice of the hearing MUST be given to ALL parties affected at least ____ days in advance.
30
After a hearing has concluded, in most cases the commissioner will issue an order on the hearing within: