State RegulationsTX specificDifficulty 1/5
A Texas-licensed agent pleads guilty to a felony that has nothing to do with insurance. What is required of the agent?
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Answer & full 3-part explanation (select an option above, or peek)
Why B is correct
Under 28 TAC 1.502, a license holder must report a felony conviction to TDI, and the duty does not depend on whether the crime was connected to insurance. A conviction can disqualify a person from holding a license or support suspension or revocation under TIC 4005.101-.102, and failing to report it is itself a separate violation that TDI may sanction.
Why the other options are wrong
- A) The duty is triggered by the conviction itself, not by the existence of an open TDI investigation.
- C) The license holder bears the reporting duty; a court's own records do not discharge it.
- D) The reporting duty is not limited to insurance-related offenses; any felony conviction must be reported.
Memory hook
Any felony, insurance or not, gets reported to TDI.