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Which action could result in a hearing being ordered by the Department of Financial Services?
Performing insurance transactions without a license
Filing a claim on behalf of a client
Issuing a new insurance policy
Conducting an annual review of the policy
The correct answer is: Performing insurance transactions without a license
Performing insurance transactions without a license could result in a hearing being ordered by the Department of Financial Services. This is because it is illegal to conduct insurance business without a license, and the Department of Financial Services has the authority to take disciplinary actions against individuals or companies that violate this law. Filing a claim on behalf of a client, issuing a new insurance policy, and conducting an annual review of the policy are all legitimate actions within the scope of a licensed insurance agent's job and would not result in a hearing being ordered by the Department of Financial Services.