Texas Property and Casualty License Practice Exam

Disable ads (and more) with a membership for a one time $2.99 payment

Prepare for the Texas Property and Casualty License Exam. Study with flashcards and multiple choice questions, each question includes hints and detailed explanations. Get ready for your exam!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

How many members from the public serve on the governing board of the Texas Property and Casualty Insurance Guaranty Association?

3 members
4 members
5 members
6 members

The correct answer is: 4 members

The governing board of the Texas Property and Casualty Insurance Guaranty Association includes four members of the public. This structure is designed to ensure that the interests of policyholders are represented effectively. The public members play a vital role in decision-making and governance, providing a perspective that is focused on consumer protection and the needs of insured individuals. The number of public members is specified in the governing regulations that outline the composition of the board, establishing a clear framework for their involvement in the association's operations. Their presence helps maintain a balance of interests on the board, which includes representatives from various segments of the insurance industry as well. The inclusion of these public members is a key aspect of the association's commitment to transparency and accountability in its functions.