Ohio Insurance Laws and Regulations Practice Exam

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Prepare for the Ohio Insurance Laws Exam. Study with comprehensive materials, including flashcards and quizzes. Each question is detailed with explanations. Set yourself up for success!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

If the superintendent determines an examination of an insurer's books and records is necessary, the insurer must?

Provide a summary only
Must not impede the examination
Request a postponement
None of the above

The correct answer is: Must not impede the examination

If the superintendent determines an examination of an insurer's books and records is necessary, the insurer must not impede the examination. This means that the insurer must cooperate fully with the examination and not obstruct or interfere in any way. Choosing option A is incorrect because simply providing a summary is not sufficient cooperation. Choosing option C is incorrect because the insurer cannot request a postponement without the superintendent's approval. Choosing option D is incorrect because the insurer must follow the superintendent's instructions. Option B is the most appropriate response as it accurately reflects the requirement for the insurer to not hinder the examination process.