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Activities that may lead to the loss of an insurance license include:

  1. Lacking reasonable knowledge & technical competence

  2. Misappropriation of funds

  3. Failure to notify the Dept. of Insurance in writing within 30 days after pleading guilty to a felony

  4. All of the above

The correct answer is: All of the above

Activities that may lead to the loss of an insurance license can result from violating any of the individual options listed. Each of the options requires specific ethical behaviors and standards to be upheld. Option A, lacking reasonable knowledge and technical competence, means that an insurance agent does not possess the necessary skills and knowledge to perform their duties effectively, which can result in harm to clients and their finances. Option B, misappropriation of funds, involves using client funds for personal or unauthorized purposes, which is a serious breach of trust and can lead to legal consequences. Option C, failure to notify the Department of Insurance in writing within 30 days after pleading guilty to a felony, is a failure to comply with legal and regulatory requirements, which can result in loss of credibility and trust in the insurance industry. Therefore, all of the options listed, A, B, and C, can lead to the loss of an insurance