Ohio Insurance Laws and Regulations Practice Exam

In Ohio, an agent may have his/her license revoked for:

1. Selling without a licenes

2. Failing to pay taxes

3. Failing to appear for an interview before the superintendent

4. Late renewal of license

The correct answer is: Failing to appear for an interview before the superintendent

An agent may have his/her license revoked for failing to appear for an interview before the superintendent. This is because in Ohio, agents are required to attend an interview with the superintendent in order to maintain their license. By not showing up for the interview, the agent is not fulfilling this requirement and as a result, their license may be revoked. Option A is incorrect because selling without a license is not a reason for revoking an agent's license, as it would have likely been mentioned in the initial licensing process. Option B is incorrect because while failing to pay taxes is a serious issue, it is not directly related to an agent's licensing and would not result in license revocation. Option D is incorrect because while late renewal of a license may result in penalties, it is not a reason for outright revocation. Option C is the correct answer because failing to appear for the interview is a specific