Mississippi Property & Casualty Insurance License Exam — All Questions
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2 questions
Mississippi Licensing & CE
Before a licensed Mississippi producer may transact business for a specific insurer, what must occur?
- a.Nothing further once the license is issued
- b.The insurer must appoint the producer, with the appointment on file with the Insurance Department✓
- 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 authorizes a person to act as a producer, but to represent a specific insurer that company must appoint the producer, with the appointment recorded with the Mississippi Insurance Department. A producer may hold appointments from several insurers at once.
Mississippi Licensing & CE
Which statement best describes continuing education for a Mississippi resident P&C producer?
- a.CE is never required
- b.CE is required only for the first renewal
- c.State-approved continuing education, including an ethics component, is required each renewal cycle✓
- d.CE can be satisfied only by retaking the licensing exam
Following the NAIC model, Mississippi requires resident producers to complete approved continuing education each renewal cycle, including an ethics portion. The exact hour totals are set by the Mississippi Insurance Department and should be verified before renewal.