Los Angeles Claims Adjuster Property and Causality Practice Exam

What must a licensee do upon changing their address, phone number, or legal name?

1. File a physical document within 15 days

2. Inform the Commissioner of Insurance

3. Notify the local insurance office

4. Submit a new application completely

The correct answer is: Inform the Commissioner of Insurance

When a licensee changes their address, phone number, or legal name, they are required to inform the Commissioner of Insurance. This task is crucial to ensure that all records are up to date and that the licensee can be contacted as needed. Maintaining current contact information is essential for regulatory purposes as it helps facilitate communication between the licensee and the insurance department. While submitting physical documents, notifying local offices, or submitting new applications might seem relevant in different contexts, they do not specifically address the requirement to communicate changes directly to the Commissioner of Insurance. Thus, informing the Commissioner is the appropriate action mandated by regulations, as it ensures that the license remains valid and that the licensee remains compliant with state laws governing insurance practices.