Florida Insurance Claims Adjuster License Practice Exam

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Prepare for the Florida Insurance Claims Adjuster Test. Access multiple choice questions, flashcards, and detailed explanations to enhance your knowledge and confidence. Start mastering the material today!

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A company had its certificate of authority revoked because of bad sales practices. This type of company is known as:

An admitted company
An unedited company
An unauthorized company
An authorized company

The correct answer is: An unauthorized company

A company having its certificate of authority revoked means that it no longer has the approval or permission to operate. This is typically due to legal or financial issues and not following proper regulations. Options A (admitted company), B (unedited company) and D (authorized company) are all terms used to describe companies that have proper certification or authority to conduct business. Therefore, they are incorrect in this context. Option C (unauthorized company) is the correct answer as it accurately describes a company that has lost its authorization to operate.