Question: When does the RIB Act require an individual to be registered as an insurance broker? Options: A) If the individual recommends to friends they purchase

"When does the RIB Act require an individual to be registered as an insurance broker?"

Options:

A) If the individual recommends to friends they purchase insurance from a specific insurer because of the good deal they received on their insurance.

B) If the individual acts solely as a reinsurance broker.

C) If the individual, for remuneration, transacts insurance solely on behalf of one insurer and a Facility Association carrier.

D) If the individual, for compensation, provides risk management and loss prevention services on behalf of another.

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