Current as of: 2010
(a) An individual applicant who otherwise qualifies for a license for life insurance, health insurance, annuities, nonprofit health service plans, dental plan organizations, or health maintenance organizations is entitled to be examined as provided in this section.
(b) (1) Each individual applicant must pass a personal written examination to determine:
(i) the competence of the applicant as to life insurance, health insurance, or annuities or to any subdivision of them, including contracts for nonprofit health service plans, vision plans, dental plan organizations, and health maintenance organizations; and
(ii) the familiarity of the applicant with the applicable laws of the State.
(2) Each examination must be graded within 30 days after the date of the examination.
(c) An individual applicant who fails an examination may not take another examination until at least 14 days after the date of the last examination that the applicant failed.
(d) The Commissioner shall adopt reasonable regulations that specify:
(1) the scope, type, conduct, and grading of the written examinations;
(2) the frequency, times, and places in the State where the written examinations will be held; and
(3) subject to § 10–105(e) of this subtitle, the educational requirements for an individual applicant to be eligible to take a written examination.
(e) (1) On or before April 1 of each year, the Commissioner or a designee of the Commissioner shall prepare and publish a report that summarizes statistical information that relates to the life and health insurance producer examinations administered during the preceding calendar year.
(2) The report shall include the following information for all examinees combined and separately by race or ethnicity, gender, race or ethnicity within gender, educational level, and native language:
(i) the total number of examinees;
(ii) the percentage and number of examinees who passed the examination;
(iii) the mean scaled scores on the examination;
(iv) the standard deviation of scaled scores on the examination; and
(v) the correct answer rate and correlation for each test question and each test form.
(3) As soon as practicable after its publication, the Commissioner or a designee of the Commissioner shall submit the report, in accordance with § 2–1246 of the State Government Article, to the Senate Finance Committee and the House Health and Government Operations Committee.Prev
Questions & Answers: Insurance
U.S. Code Provisions: Insurance
Federal Regulations: Insurance