Personal Lines exam topics

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• Duties After a Property Insurance LossAfter a covered property loss, the insured generally must give prompt notice, protect property from further damage, document the loss, cooperate with …
• Insurer Duties After a ClaimFor many Texas first-party property and auto claims, an insurer must acknowledge and begin investigating within the period in Insurance Code §542.055,…
• Mortgagee Rights in Property InsuranceA mortgagee is the lender with a secured interest in insured property. A property policy commonly names it and directs covered building-loss proceeds …
• Proof of Loss vs. Notice of ClaimNotice of claim alerts the insurer that a loss happened and starts the investigation. A proof of loss is a more detailed, often signed or sworn statem…
• Insurance Appraisal ClauseAn appraisal clause is a policy dispute process for determining the amount of a covered loss when the insurer and policyholder disagree on valuation. …
• Other Insurance Clauses: Primary and Excess CoverageAn other-insurance clause explains how a policy responds when another policy may cover the same loss. Primary coverage ordinarily responds first; exce…
• Subrogation in Property and Casualty ClaimsSubrogation lets an insurer that pays a covered loss pursue a responsible third party using rights the insured had, usually only to the extent of the …
• Texas Insurance Commissioner PowersThe Texas insurance commissioner administers and enforces insurance laws within TDI’s jurisdiction. The commissioner can adopt authorized rules, inves…
• TDI Examination of Insurance Company RecordsTDI examines insurance companies to assess financial condition and compliance. Under Texas Insurance Code Chapter 401, examiners can review insurer re…
• TDI Investigations and Hearing NoticesA TDI inquiry seeks information; it is not automatically a formal charge or finding. A hearing notice identifies a proceeding, legal basis, allegation…