How often must a Connecticut resident property and casualty producer renew their license under Conn. Gen. Stat. § 38a-784?
A. Every year
B. Every two years
C. Every three years
D. Only once, at initial issuance
Source: Conn. Gen. Stat. § 38a-784
Under Connecticut law, an insurance producer who wants to sell, solicit, or negotiate homeowners and commercial general liability policies must hold which line of authority?
A. Property and casualty
B. Life
C. Accident and health or sickness
D. Variable life and variable annuity products
Source: Conn. Gen. Stat. § 38a-702b
A Connecticut resident producer holding only the property and casualty line of authority must complete how many total continuing education hours per compliance period, and how many of those must be Connecticut law/regulations or ethics?
A. 6 total hours, with none required in ethics
B. 40 total hours, with 10 hours in ethics
C. 24 total hours, with at least 3 hours in Connecticut law/regulations or ethics
D. 24 total hours, with the ethics component being optional
Source: Regs. Conn. State Agencies §§ 38a-782a-2, 38a-782a-10 to 38a-782a-15
Effective April 15, 2026, what one-time continuing education requirement applies to newly licensed Connecticut resident producers who hold Property/Casualty or Personal Lines authority?
A. A one-time 24-hour ethics course repeated annually
B. No new requirement was added for these lines
C. A one-time 3-hour course on life settlement contracts
D. A one-time 3-credit-hour NFIP flood insurance course
Source: Regs. Conn. State Agencies § 38a-782a (continuing education requirements)
Under Conn. Gen. Stat. § 38a-712, a Connecticut producer who collects premiums from a client on behalf of an insurer holds those funds in what capacity?
A. As the producer's own personal funds, usable for any business purpose
B. A fiduciary capacity, requiring the producer to account for and remit the funds properly
C. As a non-refundable fee earned immediately upon collection
D. As collateral against the producer's own errors and omissions coverage
Source: Conn. Gen. Stat. § 38a-712
