Answered

Which of the following actions may result in the suspension of a producer's license?

A. Soliciting insurance under a temporary license
B. Rebating part of a commission to the applicant
C. Soliciting insurance on behalf of a foreign insurer
D. Splitting the commission with another licensed producer



Answer :

GinnyAnswer

Final answer:

Various actions in the insurance industry can lead to producer license suspension.


Explanation:

Suspending a producer's license can occur for various infractions in the insurance industry. Examples include rebating commissions to applicants, splitting commissions with other producers, and soliciting insurance on behalf of a foreign insurer. These actions violate regulations and could lead to the disciplinary action of license suspension.


Learn more about Insurance industry regulations here:

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