Exam topics

Property, casualty, contract, and Texas-specific concepts in the published outline.

Showing 101–110 of 280 articles · Page 11 of 28

Texas Lloyd’s Plan InsurersA Texas Lloyd’s plan is a legally recognized insurer structure in which individual or entity underwriters write insurance on the plan, while an attorn…
Texas Emergency P&C Agent LicenseTexas may issue an emergency property and casualty agent license without an exam when another P&C agent dies, becomes disabled, or is found insolvent …
Managing General Agent vs. Retail Agent in TexasA retail agent generally sells, solicits, or negotiates insurance with customers under the appropriate producer license. A managing general agent (MGA…
Express, Implied, and Apparent Authority of a Texas Insurance AgentExpress authority is stated in the insurer–agent agreement or a specific delegation. Implied authority covers powers reasonably necessary to carry out…
Texas Insurance Agent License Denial, Suspension, and RevocationTDI may deny an insurance license application or discipline an existing license under Chapter 4005 when statutory grounds are established. Possible ou…
Texas Insurance Agent Recordkeeping RulesTexas Insurance Code §4001.255 requires an agent to maintain all insurance records, including customer complaint records, separately from records of a…
Texas Insurance Agent Address and Felony Reporting DutiesTexas Insurance Code §4001.252 requires an individual license holder to notify TDI of a mailing-address change, felony conviction, or administrative a…
Texas Insurance Agent Commission Sharing RulesTexas generally ties commissions for regulated insurance activity to appropriate licensing, but it permits some unlicensed people to share agency prof…
Texas Insurance Agent License Exemptions and ExceptionsTexas requires a license for many acts of soliciting, receiving applications, or aiding in insurance transactions, but statutes define limited exclusi…
Texas Limited Lines vs. General Lines P&C LicenseA Texas general lines P&C license covers broad property and casualty insurance authority, while a limited P&C license is restricted to a specified kin…