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Which of the following is an example of an unfair trade practice?

Some examples of unfair trade methods are: the false representation of a good or service; false free gift or prize offers; non-compliance with manufacturing standards; false advertising; or deceptive pricing.

Which of the following is an example of a producer being involved in an unfair trade practice?

Which of the following is an example of a producer involved in an unfair trade practice of rebating? Telling a client that his or her's first premium will be waived if he/she purchased the insurance policy today.

What is the required action to be taken by a Pennsylvania license before operating under an assumed business name?

Any entity (including an individual/sole proprietorship, corporation, partnership, association or other combination or group of persons) which conduct(s) any business in Pennsylvania under an assumed or fictitious name must register the fictitious name by filing a Registration of Fictitious Name form [DSCB:54-311].

What is a foreign insurer?

A foreign insurer is an insurance company that is located in one state, but also writes policies for clients in other states. In effect, it is a domestic insurer doing business outside of the state in which it is domiciled.