OpenExamsFREE PRACTICE — ANY EXAM

WV Casualty — Information & Free Practice

US-WV · Examination information

144 free questions · Answer explanations · No signup required

Start free practice →

WV Casualty

Provider
Pearson VUE
Format
Computer-based examination at a test center
Time limit
120 minutes
Passing score
70 scaled score
Exam fee
$84
Examination outline
  • TYPES OF POLICIES, BONDS, AND RELATED TERMS
    • A. Commercial general liability
    • A. Commercial general liability / 1. Exposures
    • A. Commercial general liability / 1. Exposures / a. Premises and Operations
    • A. Commercial general liability / 1. Exposures / b. Products and Completed Operations
    • A. Commercial general liability / 2. Coverage
    • A. Commercial general liability / 2. Coverage / a. Coverage A: Bodily Injury and Property Damage Liability (Occurrence, Claims made including Retroactive Date)
    • A. Commercial general liability / 2. Coverage / b. Coverage B: Personal Injury and Advertising Injury
    • A. Commercial general liability / 2. Coverage / c. Coverage C: Medical Payments
    • A. Commercial general liability / 2. Coverage / d. Supplemental Payments
    • A. Commercial general liability / 2. Coverage / e. Who is an insured
    • A. Commercial general liability / 2. Coverage / f. First named insured
    • A. Commercial general liability / 2. Coverage / g. Limits (Per occurrence, Annual Aggregate)
    • A. Commercial general liability / 2. Coverage / h. Damage to Property of Others
    • B. Automobile: personal auto and business auto
    • B. Automobile: personal auto and business auto / 1. Liability
    • B. Automobile: personal auto and business auto / 1. Liability / a. Bodily Injury
    • B. Automobile: personal auto and business auto / 1. Liability / b. Property Damage
    • B. Automobile: personal auto and business auto / 1. Liability / c. Split Limits
    • B. Automobile: personal auto and business auto / 1. Liability / d. Combined Single Limit
    • B. Automobile: personal auto and business auto / 2. Medical Payments
    • B. Automobile: personal auto and business auto / 3. Physical Damage (collision; other than collision; specified perils)
    • B. Automobile: personal auto and business auto / 4. Uninsured motorists
    • B. Automobile: personal auto and business auto / 5. Underinsured motorists
    • B. Automobile: personal auto and business auto / 6. Who is an insured
    • B. Automobile: personal auto and business auto / 7. Types of Auto
    • B. Automobile: personal auto and business auto / 7. Types of Auto / a. Owned
    • B. Automobile: personal auto and business auto / 7. Types of Auto / b. Non-owned
    • B. Automobile: personal auto and business auto / 7. Types of Auto / c. Hired
    • B. Automobile: personal auto and business auto / 7. Types of Auto / d. Temporary Substitute
    • B. Automobile: personal auto and business auto / 7. Types of Auto / e. Newly Acquired Autos
    • B. Automobile: personal auto and business auto / 7. Types of Auto / f. Transportation Expense and Rental Reimbursement Expense
    • B. Automobile: personal auto and business auto / 8. Auto Dealers Coverage Form, including Garagekeepers Insurance
    • B. Automobile: personal auto and business auto / 9. Exclusions
    • B. Automobile: personal auto and business auto / 10. Individual Named Insured and Drive Other Car (DOC)
    • B. Automobile: personal auto and business auto / 11. Mobile equipment
    • C. Workers Compensation Insurance, Employers Liability Insurance, and Related Issues (This section does not deal with specifics of state law, which are addressed elsewhere in this outline.)
    • C. Workers Compensation Insurance, Employers Liability Insurance, and Related Issues (This section does not deal with specifics of state law, which are addressed elsewhere in this outline.) / 1. Standard policy concepts
    • C. Workers Compensation Insurance, Employers Liability Insurance, and Related Issues (This section does not deal with specifics of state law, which are addressed elsewhere in this outline.) / 1. Standard policy concepts / a. Who is an employee/employer
    • C. Workers Compensation Insurance, Employers Liability Insurance, and Related Issues (This section does not deal with specifics of state law, which are addressed elsewhere in this outline.) / 1. Standard policy concepts / b. Compensation
    • C. Workers Compensation Insurance, Employers Liability Insurance, and Related Issues (This section does not deal with specifics of state law, which are addressed elsewhere in this outline.) / 2. Work-related vs. non-work-related
    • C. Workers Compensation Insurance, Employers Liability Insurance, and Related Issues (This section does not deal with specifics of state law, which are addressed elsewhere in this outline.) / 3. Other states’ insurance
    • C. Workers Compensation Insurance, Employers Liability Insurance, and Related Issues (This section does not deal with specifics of state law, which are addressed elsewhere in this outline.) / 4. Employers Liability
    • C. Workers Compensation Insurance, Employers Liability Insurance, and Related Issues (This section does not deal with specifics of state law, which are addressed elsewhere in this outline.) / 5. Exclusive remedy
    • C. Workers Compensation Insurance, Employers Liability Insurance, and Related Issues (This section does not deal with specifics of state law, which are addressed elsewhere in this outline.) / 6. Premium Determination
    • D. Crime
    • D. Crime / 1. Employee Dishonesty
    • D. Crime / 2. Theft
    • D. Crime / 3. Robbery
    • D. Crime / 4. Burglary
    • D. Crime / 5. Forgery and Alteration
    • D. Crime / 6. Mysterious disappearance
    • E. Bonds
    • E. Bonds / 1. Surety
    • E. Bonds / 2. Fidelity
    • F. Professional liability
    • F. Professional liability / 1. Errors and Omissions
    • F. Professional liability / 2. Medical Malpractice
    • F. Professional liability / 3. Directors and Officers (D&O)
    • F. Professional liability / 4. Employment Practices Liability (EPLI)
    • F. Professional liability / 5. Cyber liability and data breach, funds transfer
    • F. Professional liability / 6. Liquor liability
    • G. Umbrella/Excess Liability
    • H. Business Owners Policy (BOP)
  • INSURANCE TERMS AND RELATED CONCEPTS
    • A. Risk
    • B. Hazards
    • B. Hazards / 1. Moral
    • B. Hazards / 2. Morale
    • B. Hazards / 3. Physical
    • C. Indemnity
    • D. Insurable interest
    • E. Loss valuation
    • E. Loss valuation / 1. Actual cash value
    • E. Loss valuation / 2. Replacement cost
    • E. Loss valuation / 3. Market value
    • E. Loss valuation / 4. Stated/agreed value
    • E. Loss valuation / 5. Salvage value
    • F. Negligence
    • G. Liability
    • H. Occurrence
    • I. Binders
    • J. Warranties
    • K. Representations
    • L. Concealment
    • M. Deposit Premium/Audit
    • N. Certificate of Insurance
    • O. Law of Large Numbers
    • P. Pure vs. Speculative Risk
    • Q. Endorsements
    • R. Damages
    • R. Damages / 1. Compensatory
    • R. Damages / 1. Compensatory / a. General
    • R. Damages / 1. Compensatory / b. Special
    • R. Damages / 2. Punitive
    • S. Compliance with provisions of Fair Credit Reporting Act
  • POLICY PROVISIONS
    • A. Declarations
    • B. Insuring agreement
    • C. Conditions
    • D. Exclusions and Limitations
    • E. Definition of the insured
    • F. Duties of the insured after a loss
    • G. Cancellation and nonrenewal provisions
    • H. Supplementary payments
    • I. Proof of loss
    • J. Notice of claim
    • K. Other insurance
    • L. Subrogation
    • M. Loss settlement provisions including consent to settle a loss
    • N. Terrorism Risk Insurance Act (TRIA)
  • WEST VIRGINIA LAWS AND RULES PERTINENT TO CASUALTY INSURANCE
    • A. Insurance Commissioner Act
    • A. Insurance Commissioner Act / 1. Broad powers
    • A. Insurance Commissioner Act / 2. Examination of records
    • A. Insurance Commissioner Act / 3. Notice and Conduct of hearing
    • A. Insurance Commissioner Act / 4. Penalties
    • B. Definitions, Restrictions, and Responsibilities
    • B. Definitions, Restrictions, and Responsibilities / 1. Licensed and unlicensed companies
    • B. Definitions, Restrictions, and Responsibilities / 2. Domestic, foreign, alien, nonadmitted and unauthorized companies
    • B. Definitions, Restrictions, and Responsibilities / 3. Stock and mutual companies
    • B. Definitions, Restrictions, and Responsibilities / 4. Selling, soliciting, and negotiating insurance
    • B. Definitions, Restrictions, and Responsibilities / 5. Producer
    • B. Definitions, Restrictions, and Responsibilities / 6. Surplus lines / Nonadmitted Insurance Act
    • B. Definitions, Restrictions, and Responsibilities / 7. Valued policy law
    • B. Definitions, Restrictions, and Responsibilities / 8. Comparative negligence
    • C. Licensing
    • C. Licensing / 1. Purpose/Requirements
    • C. Licensing / 2. Qualifications
    • C. Licensing / 2. Qualifications / a. Producer
    • C. Licensing / 2. Qualifications / b. Nonresident licensing
    • C. Licensing / 2. Qualifications / c. Company requirements
    • C. Licensing / 2. Qualifications / d. Fingerprinting
    • C. Licensing / 3. Termination of license
    • C. Licensing / 3. Termination of license / a. Expiration
    • C. Licensing / 3. Termination of license / b. Revocation and suspension
    • C. Licensing / 3. Termination of license / c. Nonrenewal
    • C. Licensing / 4. Limitation of license
    • C. Licensing / 5. Appointment
    • C. Licensing / 6. Educational requirements
    • C. Licensing / 6. Educational requirements / a. Continuing education
    • C. Licensing / 7. Mandatory reporting requirements
    • C. Licensing / 7. Mandatory reporting requirements / a. Criminal prosecution and administrative action
    • C. Licensing / 7. Mandatory reporting requirements / b. Fraud
    • D. Unfair Trade Practices
    • D. Unfair Trade Practices / 1. Unfair claims methods and practices
    • D. Unfair Trade Practices / 2. Excessive charges
    • D. Unfair Trade Practices / 3. Rebating
    • D. Unfair Trade Practices / 4. Coercion
    • D. Unfair Trade Practices / 5. Misrepresentation
    • D. Unfair Trade Practices / 6. Defamation
    • D. Unfair Trade Practices / 7. Advertising
    • D. Unfair Trade Practices / 8. Unfair discrimination
    • D. Unfair Trade Practices / 9. Penalties
    • E. Binders
    • F. Approval of Rates and Forms
    • G. Compensation of Licensees
    • G. Compensation of Licensees / 1. Payment of commissions
    • H. Automobile Insurance
    • H. Automobile Insurance / 1. Provisions
    • H. Automobile Insurance / 1. Provisions / a. Coverage
    • H. Automobile Insurance / 1. Provisions / b. Uninsured motorists
    • H. Automobile Insurance / 1. Provisions / c. Underinsured motorists
    • H. Automobile Insurance / 2. Financial responsibility and required minimum liability limits
    • H. Automobile Insurance / 3. Renewal, nonrenewal, and cancellation
    • H. Automobile Insurance / 4. West Virginia Automobile Insurance Plan (Assigned Risk)
    • I. Malpractice Policies
    • J. Workers’ Compensation
    • K. West Virginia Insurance Guaranty Association
Examination sources