Florida Insurance Claims Adjuster License Practice Exam 2025 - Free Insurance Claims Adjuster License Practice Questions and Study Guide

Question: 1 / 400

Which act describes penalties for misrepresentation to insureds and claimants?

Florida Fair Trade Commission Act

Florida Unfair Insurance Trade Practices Act

This act outlines the penalties for any false or deceptive statement made by insurance companies to their insured clients or claimants. The other options listed do not specifically address misrepresentation and instead focus on other aspects of insurance trade and regulation. The Florida Fair Trade Commission Act deals with regulating fair trade practices within the state. The Florida Insurance Compliance Act enforces regulations regarding insurance companies' compliance with state laws. The Florida Consumer Protection Act safeguards consumers against harmful or deceptive business tactics, but does not specifically pertain to insurance practices. Therefore, option B is the most accurate and relevant answer to the question.

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Florida Insurance Compliance Act

Florida Consumer Protection Act

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