Arkansas Life and Health Insurance Practice Exam

Who must submit written notice of address change to the state insurance office promptly?

1. Insurance adjuster

2. Insurance agent

3. Insurance producer

4. Licensed business entity

The correct answer is: Insurance adjuster

Insurance adjusters are required to promptly submit written notice of address change to the state insurance office. This is because insurance adjusters typically work on numerous claims and handle sensitive information that needs to be communicated promptly and accurately to the appropriate authorities. It is important for insurance adjusters to keep their contact information up to date to ensure that communication channels remain open and that state regulations are followed. The other options are incorrect because insurance agents, producers, and licensed business entities have different reporting requirements based on their roles and responsibilities in the insurance industry.