Ohio Insurance Laws and Regulations Practice Exam

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Study for the Ohio Insurance Laws and Regulations Exam. Prepare with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

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Practice this question and more.

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

  1. Provide a summary only

  2. Must not impede the examination

  3. Request a postponement

  4. 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.

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