North Carolina Adjuster Practice Exam

If an adjuster's license has been suspended or revoked, what action must they take?

1. Continue to work under supervision.

2. Apply for a new license immediately.

3. Surrender their license to the commissioner.

4. Appeal the decision to the state insurance board.

The correct answer is: Surrender their license to the commissioner.

When an adjuster's license has been suspended or revoked, the correct action is to surrender the license to the commissioner. This step is crucial because it formally acknowledges the suspension or revocation and ensures compliance with state regulations. By surrendering the license, the adjuster is also preventing any further legal complications or misunderstandings regarding their ability to operate as an adjuster within the state. The regulatory framework governing adjusters mandates that once disciplinary actions have been taken, the adjuster must not continue to practice until the matter has been resolved. Surrendering the license is often a prerequisite for any potential appeal or future reapplication, as it signifies the adjuster’s recognition of the regulatory authorities' decision.