Maryland Property & Casualty Insurance License Exam — All Questions

After a producer is licensed in Maryland, what must happen before she can transact business for a specific insurer?

• a.Nothing further once the license is issued
• b.The insurer must appoint the producer and file the appointment with the Maryland Insurance Administration✓
• c.The producer must post a surety bond with the state treasurer
• d.The producer must establish residency in the insurer's home state

A license lets a person act as a producer, but to represent a specific company that insurer must appoint the producer, with the appointment filed with the Maryland Insurance Administration. A producer may hold appointments from several insurers at once.

Which best describes continuing education for a Maryland resident P&C producer?

• a.No CE is ever required
• b.CE is required only in the first renewal and never again
• c.State-approved continuing education, including an ethics component, is required each renewal period to keep the license active✓
• d.CE can be met only by retaking the licensing exam

Following the NAIC model, Maryland requires resident producers to complete approved continuing education each renewal cycle, including an ethics portion. The exact hour totals are set by the Maryland Insurance Administration and should be verified before renewal.