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!

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What action may the superintendent take if an agent is believed to be causing considerable harm?

Send a warning letter
May issue a cease and desist order against the agent
Immediately revoke the agent's license
Require the agent to take additional training

The correct answer is: May issue a cease and desist order against the agent

The superintendent may issue a warning letter as a means of disciplining or notifying the agent of their actions, but this would not be the most suitable option if the agent is causing considerable harm. Immediately revoking the agent's license would be a serious and extreme measure, and requiring additional training may not address the immediate issue at hand. Therefore, issuing a cease and desist order against the agent would be the most appropriate action for the superintendent to take in this situation.