Which statement about a resident adjuster license in Connecticut is NOT true?

The statement that the applicant may have its principal place of business in any state, including Connecticut, is not accurate in the context of obtaining a resident adjuster license in Connecticut. For a resident adjuster license, the applicant must indeed reside in Connecticut, and their principal place of business typically should also be located within the state. This ensures that the adjuster is familiar with the local regulations, laws, and insurance practices relevant to Connecticut.

The other statements highlight essential requirements for a resident adjuster license. Applicants must reside in Connecticut to qualify for a resident license, and they must demonstrate financial responsibility, which usually involves showing that they have the necessary resources to handle the responsibilities of an adjuster. Additionally, good moral character is a fundamental requirement in many licensing processes, ensuring that those licensed to operate in this capacity uphold ethical standards in their professional conduct.