NE Property & Casualty study plan

Map the state regulatory framework by listing the Commissioner's powers (rulemaking, examination, licensing, enforcement) and stating the source of each authority.

Differentiate producer, agency, and broker licensing requirements, including appointment, termination, and continuing-education obligations.

Explain how the state guaranty association responds to an insolvency, including which lines and claim amounts it covers and which it does not.

Apply unfair-trade-practice rules, fiduciary handling of premiums, and commission-sharing prohibitions to 10 scenario prompts.

List the recordkeeping and marketing conduct requirements most often used as exam distractors.

Define and contrast the core risk-management terms: peril, hazard, exposure, avoidance, retention, transfer, and sharing.

Match each contract principle (indemnity, insurable interest, utmost good faith, adhesion, subrogation, contribution) to scenario facts in 10 items.

Calculate premiums, deductibles, and claim payments using actual cash value versus replacement cost on 5 worked examples.

Classify insurers by legal structure and marketing system, and state how each differs in regulation and taxation.

Label the declarations, insuring agreement, conditions, exclusions, and definitions sections on a sample policy and explain what each controls.

Compute loss settlements under actual cash value, replacement cost, and agreed-value methods for 5 property losses.

Explain the coinsurance clause and calculate the required amount of insurance and the payable claim for 5 penalty scenarios.

Distinguish covered property, personal property, and property exclusions within a basic property policy structure.

Apply the other-insurance, appraisal, salvage, and pair-or-set provisions to short scenario prompts.

Identify how deductibles, policy limits, and coinsurance interact when a loss approaches or exceeds the limit.

Explain the elements of negligence, proximate cause, and the difference between contributory and comparative fault in damage awards.

Differentiate strict liability, absolute liability, vicarious liability, and negligence per se using concrete examples.

Compute liability claim payments under split limits, combined single limits, aggregate limits, and supplementary payments.

Summarize no-fault laws, financial responsibility requirements, uninsured/underinsured motorist coverage, and residual auto markets.

Distinguish the workers compensation benefit categories (medical, disability, death, rehabilitation) and explain the exclusive-remedy doctrine.

Compare the homeowners forms, dwelling forms, and commercial property forms on eligibility, covered perils, and valuation method.

Apply homeowners Coverages A through F plus Section I and Section II exclusions to 15 scenario questions.

Explain how flood, earthquake, ordinance-or-law, and business income losses are treated under property forms.

Calculate settlements that hit special limits for jewelry, money, and business property on a homeowners policy.

Identify the conditions that trigger duties after loss and the consequences of failing to meet them.

Differentiate the personal auto policy parts (liability, medical payments, uninsured/underinsured motorist, collision, other-than-collision) and apply each to 15 claim scenarios.

Explain commercial general liability Coverages A, B, and C, including occurrence versus claims-made triggers and additional-insured status.

Summarize business auto, umbrella and excess liability, professional liability, and workers compensation and employers liability coverage triggers.

Distinguish personal from commercial liability exclusions such as business pursuits, intentional acts, aircraft, and watercraft.

Identify the state-specific auto and workers compensation rules that deviate from the standard national treatment.

Re-test all five domains with 25 questions each and rank your domains from strongest to weakest.

Rewrite the cheat sheets for your two lowest-scoring domains using only recalled content.

Drill numeric calculations (coinsurance, deductibles, split limits, ACV) to 90-second timed accuracy.

Re-read the missed-item log and restate each rule in your own words without notes.

Complete two full-length timed practice exams under exam-day conditions and record domain-level subscores.

Rework every missed item until you can state the governing rule and why each distractor fails.

Practice pacing and educated-guessing strategy on 10 flagged items, tracking time per question.

Do a final concentrated pass on state-specific regulatory and residual-market rules.