How often must the superintendent examine each domestic insurance company quizlet?

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How often must the director examine each domestic insurance company quizlet?

How often must insurers be examined, and who is responsible for conducting such examinations? The Commissioner must examine all authorized insurers at least once every 5 years.

How often is the director required to conduct an examination of an insurer's books?

A. The director shall examine the affairs, transactions, accounts, records and assets of each authorized insurer as often as the director deems advisable. The director shall so examine each domestic insurer at least once every five years.

How often must the commissioner examine all insurers to guard against?

(d) The Commissioner may conduct an examination of any entity whenever the Commissioner deems it to be prudent for the protection of policyholders or the public, but shall at a minimum conduct a financial examination of every domestic insurer not less frequently than once every five years.

How often must an insurance agent license normally be renewed quizlet?

Insurance agent's license expires every 2 years. The licenses of all insurance agents born in odd numbered years will expire on their birthdays in odd numbered years.

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