Florida Insurance Claims Adjuster License Practice Exam

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Prepare for the Florida Insurance Claims Adjuster License Exam with this informative quiz. Engage with multiple-choice questions and explanations to boost your understanding and confidence for the official exam.

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!

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A company had its certificate of authority revoked because of bad sales practices. This type of company is known as:

An admitted company
An unedited company
An unauthorized company
An authorized company

The correct answer is: An unauthorized company

A company having its certificate of authority revoked means that it no longer has the approval or permission to operate. This is typically due to legal or financial issues and not following proper regulations. Options A (admitted company), B (unedited company) and D (authorized company) are all terms used to describe companies that have proper certification or authority to conduct business. Therefore, they are incorrect in this context. Option C (unauthorized company) is the correct answer as it accurately describes a company that has lost its authorization to operate.