Ace the Florida Insurance Licensing Test 2025 – Secure Your Success and Insure Your Future!

Question: 1 / 400

Which of the following is NOT a duty of the Department of Financial Services?

License adjusters

Set rates and write policies for various company products

The Department of Financial Services is responsible for regulating and overseeing the insurance industry. Some of their duties include licensing adjusters, supervising claims activity, and investigating charges of unethical conduct. However, setting rates and writing policies for various company products is not one of their duties. This responsibility falls under the jurisdiction of the insurance companies themselves. Therefore, option B is the correct answer.

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Supervise the claims activity of adjusters

Investigate charges of unethical conduct of adjusters

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