“Insurance” in Other Languages
Insurance Math
NAIC Market Regulation Working Groups
Insurance Firsts
Real Jeopardy® Insurance Clues.
100

Seguro

What is Spanish?

100

The amount the insurer would pay if you have a $500 collision deductible and your total loss is $8,250.

What is $7,750?

100

This working group facilitates interstate communication and coordinates collaborative state regulatory actions.

What is the Market Actions (D) Working Group?

100

The first meeting of the National Insurance Conference (an organization now known as the NAIC) was held in 1871 in this city.

What is New York?

100

November 9, 2017 - SATISFYING ALL YOUR INSURANCE NEEDS ($1200):  The 2 major types of life insurance are cash value & this, which offers temporary protection but no savings component.

What is Term Insurance?

200

Assicurazione

What is Italian?

200

PDQ Disability Insurance Company agrees to pay you 50% of your lost wages for up to 26 weeks with no waiting period.  You make $1,000 per week, so you received this much for the 7 weeks you were out of work.

What is $3,500?

200

This working group develops market conduct examination standards and uniform market conduct procedural guidance.

What is the Market Conduct Examination Standards (D) Working Group?

200

The first residual market mechanism for auto insurance was passed in 1938 in this state.

What is New Hampshire?

200

March 23, 2016 – 21ST CENTURY NEWS (FINAL JEOPARDY):  Russia took out $200 million in insurance, anticipating any damage that might be caused by this in 2001.

What is re-entry of the MIR Space Station?

300

Försäkring

What is Swedish?

300

A hailstorm comes through and you make a claim for damage to your roof. Your policy has a 25% wind/hail deductible. If it is going to cost $24,000 to replace the roof, how much do you have to pay of the cost to replace the roof?

What is $6,000?

300

This working group recommends changes to the market analysis framework based on results over the past five years, including the current set of Level 1 and Level 2 questions.

What is the Market Analysis Procedures (D) Working Group?

300

In 1911, this state passed the first Worker’s Compensation Law in the United States to provide compensation to workers injured on the job.

What is Wisconsin?

300

September 11, 2017 – BACK IN BLACK ($1000): U.S. taxpayers ponied up $180 million to rescue this 3-letter insurance company but got it all back plus a profit.

Who is AIG?

400

Ubezpieczenie

What is Polish?

400

If you’ve already met your medical insurance deductible and your Out-of-Network co-pay is 20%, the amount you would pay if you went to an Out-of-Network provider and were charged $2,600.

What is $520?

400

This working group’s charges include developing a formal market regulation accreditation proposal for consideration by the NAIC membership.

What is the Market Regulation Certification (D) Working Group?

400

The first company to offer this type of insurance was the Amicable Society for a Perpetual Assurance Office, founded in London in 1706 by William Talbot and Sir Thomas Allen.

What is Life Insurance?

400

February 18, 2018 – WINNING CLAMS AT THE CASINO ($600):  Somehow this game even makes the concept of insurance exciting; splitting may also play a key role.

What is blackjack?

500

보험 (boheom)

What is Korean?

500

On a market conduct examination, your company had 50 violations for failing to appoint a producer.  The state formula requires you to pay a fine of $250 for each violation.  How much was the total fine?

What is $12,500

500

This working group will review the MCAS data elements and the “Data Call and Definitions” for those lines of business that have been in effect for longer than three years and update them, as necessary.

What is the Market Conduct Annual Statement Blanks (D) Working Group?

500

The first American insurance company was organized by Benjamin Franklin in 1752.

What is the Philadelphia Contributionship?

500

February 16, 2018 – IN A HALL OF FAME ($800):  The Insurance Hall of Fame at St. John’s University in NY enshrined this British scientist in 1967, not for comet insurance, but for his work on mortality tables.

Who is Sir Edmond Halley?