P&CCaliforniamedium
Under Ins. Code § 1668, the Commissioner may suspend or revoke a producer's license for which of the following grounds?
AOnly for criminal conviction of a felony involving the insurance business; no other statutory grounds for license action apply
BOnly for failure to complete the required continuing education hours before the license renewal deadline; substantive misconduct is not covered
For misrepresentation in the license application, fraudulent acts, untrustworthiness, or violation of any provision of the Insurance Code
DOnly upon the written request of the appointing insurer that originally sponsored and submitted the producer's appointment to CDI
Why this is the answer
Ins. Code § 1668 is the master list of grounds on which the Insurance Commissioner may deny, suspend, or revoke a California producer license. The grounds include misrepresentation in the application, dishonest or fraudulent acts, untrustworthiness or incompetency, conviction of a felony or misdemeanor involving moral turpitude, and 'violation of any provision' of the Insurance Code. Section 1738 governs the procedure, which follows the Administrative Procedure Act (Gov. Code §§ 11500 et seq.): notice, hearing before an ALJ at OAH, proposed decision, and adoption by the Commissioner. See Ins. Code § 1668.
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