How many days does an intermediary have to request a hearing after a license denial by the Commissioner?

How many days does an intermediary have to request a hearing after a license denial by the Commissioner?

• A. 10 days.
• B. 20 days.
• C. 30 days.
• D. 3 months.

Answer: (C)

An intermediary has 30 days to request a hearing after a license denial by the Commissioner. This timeframe is significant because it provides the intermediary with a clear opportunity to contest the denial and present their case. The 30-day window is consistent with regulatory procedures that aim to ensure fair treatment of individuals and businesses wishing to operate within the insurance industry. It reflects the balance between allowing adequate time to prepare for a hearing and the need for timely resolution of licensing issues. Knowing this timeframe is essential for intermediaries to safeguard their rights and navigate the regulatory landscape effectively. The other timeframes mentioned do not align with the established regulations, making the 30-day period the correct and definitive choice.

An intermediary has 30 days to request a hearing after a license denial by the Commissioner. This timeframe is significant because it provides the intermediary with a clear opportunity to contest the denial and present their case. The 30-day window is consistent with regulatory procedures that aim to ensure fair treatment of individuals and businesses wishing to operate within the insurance industry. It reflects the balance between allowing adequate time to prepare for a hearing and the need for timely resolution of licensing issues. Knowing this timeframe is essential for intermediaries to safeguard their rights and navigate the regulatory landscape effectively. The other timeframes mentioned do not align with the established regulations, making the 30-day period the correct and definitive choice.