Annual Report of
Life Insurance Examinations
Calendar Year 2010
OVERVIEW
This report was prepared according to the provisions of section 626.2415, Florida Statutes, and is
published annually using data from Pearson VUE, the current contracted testing vendor.
626.2415 Annual report of results of life insurance examinations.—
(1) No later than May 1 of each year, the department or a person designated by the department
shall prepare, publicly announce, and publish a report that summarizes statistical information
relating to life insurance agent examinations administered during the preceding calendar
year.
The demographic information contained in this report was voluntarily submitted by applicants for the Life
& Variable Annuity and Life, Health & Variable Annuity insurance agent licenses. The purpose of this
report is to aid the Department in improving the quality and fairness of the insurance examinations.
SCOPE OF WORK
This report was developed for the Florida Department of Financial Services (DFS). It summarizes
statistical information relating to the Life & Variable Annuity and Life, Heath & Variable Annuity insurance
examinations administered by Pearson VUE from January 2010 through December 2010.
METHODS
The data included in this report are for exams administered in 2010. For the Life & Variable Annuity
insurance examination, five forms—V, W, X, Y, and Z—were active in 2010 and are covered by this
report. A total of 5,319 candidates were administered this examination in 2010. For the Life, Health &
Variable Annuity insurance examination, five forms—A, W, X, Y, and Z—were active in 2010 and are
covered by this report. A total of 11,537 candidates were administered this examination in 2010.
Tables 2 and 4 include the following information for all examinees—combined and separately—by race or
ethnicity, gender, race or ethnicity within gender, education level, native language, race or ethnicity within
education level, and gender within education level:
1. The total number of examinees.
2. The percentage and number of examinees who passed.
3. The mean scaled score on the examination.
4. Standard deviation of scaled scores on the examination.
Tables 3 and 5 indicate the number of candidates who tested, correct answer rates, and point-biserial
correlations for all candidates and separately by race or ethnicity for each test form.
Page 2
Table 1. Life & Variable Annuity and Life, Health & Variable Annuity Examinees Combined
Passing
Candidates
Total
%
N
16856
50.7
8553
African American
3565
35.3
1259
White
8336
62.5
5210
All Candidates
Race or Ethnicity
American Indian
35
57.1
20
Asian
405
45.4
184
Hispanic
3842
40.1
1542
Other
644
50
322
No Response
29
55.2
16
Male
9229
54
4987
Gender
Female
7452
46.6
3472
No Response
175
53.7
94
African American
1817
35.2
640
White
4875
65.3
3186
American Indian
22
50
11
Race or Ethnicity Within Gender
Male
Asian
209
47.8
100
Hispanic
2014
44
886
Other
292
56.1
164
African American
1724
35.3
609
White
3447
58.4
2013
American Indian
13
69.2
9
Asian
195
42.5
83
Hispanic
1773
35.8
635
Other
300
41
123
African American
24
41.7
10
White
14
78.5
11
Asian
1
100
1
Hispanic
55
38.1
21
Other
52
67.3
35
No Response
20
45.0
9
Female
No Response
Page 3
Passing
Candidates
Total
Education Level
Some High School
101
34.6
35
High School Degree
2539
35.4
900
Some College
7411
44.1
3267
College Degree
4935
62.8
3100
Graduate Degree
1319
70.5
930
No Response
551
58.2
321
English
12988
53.3
6924
Spanish
2040
38.2
780
Other
885
38
336
No Response
943
54.4
513
African American
26
76.9
2
White
47
54
24
Hispanic
25
28
7
Other
3
66.7
2
African American
622
25.9
161
White
1087
46.1
501
American Indian
4
50.0
2
Asian
61
32.8
20
Hispanic
687
27.5
189
Other
African American
78
34.6
27
1740
29.9
521
White
3548
55
1951
American Indian
19
57.9
11
Asian
129
32.6
42
Hispanic
1734
37.4
648
Other
94
Native Language
Race or Ethnicity Within Education Level
Some High School
High School Degree
Some College
College Degree
Graduate Degree
241
39
African American
800
47.1
377
White
2775
73.7
2044
American Indian
8
50
4
Asian
168
53.6
90
Hispanic
1005
47.4
476
Other
179
60.9
109
African American
277
52.3
145
White
652
85.4
557
American Indian
3
66.7
2
Page 4
Total
No Response
Passing
Candidates
Asian
41
68.3
28
Hispanic
313
56.9
178
Other
33
60.6
20
African American
100
53
53
White
227
58.6
133
American Indian
1
100
1
Asian
6
66.7
4
Hispanic
78
54.4
44
Other
110
63.6
70
No Response
29
55.2
16
Male
54
42.6
23
Female
44
25
11
No Response
3
33.3
1
Gender Within Education Level
Some High School
High School Diploma
Male
1280
36.9
472
Female
1235
33.8
418
No Response
24
41.2
10
Male
3995
45.9
1834
Female
3377
42
1418
No Response
39
38.5
15
Male
2915
67.2
1960
Female
1982
56.6
1121
Some College
College Degree
No Response
38
50
19
Male
761
73.4
559
Female
549
65.9
362
No Response
9
100
9
Male
224
62.1
139
Female
265
53.6
142
No Response
62
64.5
40
Graduate Degree
No Response
Page 5
All Candidates
Table 2. Life & Variable Annuity Examinees
Passing
Total
Candidates
%
N
5319
44.0 2342
Scaled
Score
Mean
SD
66.89 12.527
Race or Ethnicity
African American
White
American Indian
Asian
Hispanic
Other
No Response
1716
1600
4
123
1667
200
9
33.7
60.8
50.0
36.6
39.0
43.5
77.8
578
973
2
45
650
87
7
63.80
71.95
67.00
64.47
65.35
66.90
72.00
11.973
11.654
10.296
13.866
12.466
11.465
6.671
Male
Female
No Response
2832
2425
62
45.1
42.8
41.9
1278
1038
26
67.32
66.45
64.11
12.571
12.403
14.478
Race or Ethnicity Within Gender
Male
African American
White
American Indian
Asian
Hispanic
Other
893
911
3
66
873
86
30.3
61.6
33.3
36.4
43.0
53.5
271
561
1
24
375
46
63.03
72.27
64.33
63.73
66.61
69.55
12.432
11.507
10.786
14.198
12.018
10.428
African American
White
American Indian
Asian
Hispanic
Other
816
687
1
57
768
96
37.5
59.7
100.0
36.8
34.9
33.3
306
410
1
21
268
32
64.72
71.51
75.00
65.33
64.04
64.69
11.330
11.843
African American
White
Asian
Hispanic
Other
7
2
14.3
100.0
1
2
53.71
80.50
26
18
26.9
50.0
7
9
61.62
66.00
15.553
9.192
.
14.651
14.242
Some High School
High School Degree
Some College
College Degree
59
931
2535
1197
28.8
32.0
39.8
55.7
17
298
1009
667
59.75
63.30
65.83
70.21
15.327
12.611
11.754
12.421
Gender
Female
13.545
12.741
11.415
No Response
Education Level
Page 6
Total
Passing
Candidates
%
N
59.8
235
56.9
116
Scaled
Score
Mean
SD
71.33 13.147
70.45 11.997
Graduate Degree
No Response
393
204
English
Spanish
Other
No Response
3598
1006
400
315
46.7
36.3
33.0
52.4
1680
365
132
165
67.83
64.44
63.08
68.77
12.076
12.819
13.870
12.869
22
19
9.1
52.6
2
10
55.73
68.47
13.210
9.873
18
27.8
5
55.44
18.897
303
270
23.1
46.3
70
125
60.64
67.73
23
301
34
884
699
3
51
806
92
318
428
1
34
382
34
122
119
26.1
28.6
32.4
30.9
55.4
66.7
27.5
37.0
38.0
45.0
72.7
6
86
11
273
387
2
14
298
35
143
311
55.9
46.1
52.9
45.9
85.7
19
176
18
56
102
61.65
62.09
63.59
63.22
70.40
72.00
61.98
64.95
65.78
66.85
75.27
52.00
70.85
67.51
68.12
66.77
79.74
12.538
10.943
.
12.499
13.028
13.390
11.310
11.294
3.000
13.293
11.535
10.508
11.588
11.196
15
125
12
67
65
40.0
51.2
58.3
50.7
58.5
6
64
7
34
38
62.80
69.16
67.67
68.51
71.18
11.623
12.732
11.544
11.803
10.547
.
18.517
12.391
10.165
13.529
11.741
35
28
60.0
57.1
21
16
70.57
72.75
11.304
10.810
Native Language
Race or Ethnicity Within Education Level
Some High School
African American
White
American Indian
Asian
Hispanic
Other
High School Degree
African American
White
American Indian
Asian
Hispanic
Other
Some College
African American
White
American Indian
Asian
Hispanic
Other
College Degree
African American
White
American Indian
Asian
Hispanic
Other
Graduate Degree
African American
White
American Indian
Asian
Hispanic
Other
No Response
African American
White
American Indian
Asian
Hispanic
Other
Page 7
Total
Gender Within Education Level
Some High School
High School Degree
Some College
College Degree
Graduate Degree
No Response
No Response
9
Male
Female
No Response
Male
Female
No Response
Male
Female
No Response
Male
Female
No Response
Male
Female
No Response
Male
Female
No Response
32
24
3
526
394
11
1348
1169
18
633
555
9
214
177
2
79
106
19
Page 8
Passing
Candidates
%
N
77.8
7
40.6
12.5
33.3
33.1
30.5
36.4
39.7
40.2
22.2
60.7
50.5
33.3
57.9
61.6
100.0
60.8
52.8
63.2
13
3
1
174
120
4
535
470
4
384
280
3
124
109
2
48
56
12
Scaled
Score
Mean
SD
72.00
6.671
63.59
57.08
40.00
63.62
62.94
60.55
66.00
65.70
60.72
71.57
68.73
65.89
71.50
71.11
74.00
70.75
70.08
71.32
15.242
11.579
27.622
12.627
12.430
18.140
11.871
11.610
11.691
12.099
12.680
6.900
12.781
13.678
1.414
13.051
11.520
10.441
Table 3. Life & Variable Annuity Examination Performance by Form
All Candidates
African American
White
American Indian
Asian
Hispanic
Other
No Response
N
Correct Answer
Ratea
Correlationb
N
Correct Answer
Ratea
Correlationb
N
Correct Answer
Ratea
Correlationb
N
Correct Answer
Ratea
Correlationb
N
Correct Answer
Ratea
Correlationb
N
Correct Answer
Ratea
Correlationb
N
Correct Answer
Ratea
Correlationb
N
Correct Answer
Ratea
Correlationb
1
1065
2
1099
Form
3
1027
4
1092
5
1036
Total
5319
65.3
0.28
66.5
0.27
65.0
0.25
65.4
0.26
64.8
0.26
65.4
0.27
324
349
342
349
352
1716
63.1
0.25
63.7
0.24
62.5
0.24
62.7
0.25
62.5
0.24
62.9
0.24
315
337
286
345
317
1600
70.0
0.27
71.0
0.26
69.0
0.23
69.0
0.26
69.8
0.24
69.8
0.25
1
1
1
1
4
72.7
67.3
71.4
52.7
66.0
0.30
27
24
22
27
23
123
63.2
0.27
66.5
0.29
61.8
0.28
62.5
0.27
60.6
0.31
63.9
0.29
354
346
327
332
308
1667
63.4
0.28
63.4
0.27
64.2
0.25
64.6
0.26
62.5
0.25
63.6
0.26
43
41
47
35
34
200
63.4
0.29
66.0
0.24
65.6
0.25
66.4
0.24
65.0
0.26
65.2
0.26
1
2
2
3
1
9
69.1
77.0
0.04
64.3
0.19
67.6
0.04
68.2
69.2
0.09
a
Average percent correct for items on exam.
Average point-biserial correlation for items on exam.
b
Page 9
All Candidates
Table 4. Life, Health & Variable Annuity Examinees
Passing
Total
Candidates
%
N
11537
53.8 6211
Scaled
Score
Mean
SD
104.78 17.304
Race or Ethnicity
African American
White
American Indian
Asian
Hispanic
Other
No Response
1849
6736
31
282
2175
444
20
36.8
62.9
58.1
49.3
41.0
52.9
45.0
681
4237
18
139
892
235
9
97.35
108.79
107.32
102.52
99.06
104.07
104.40
17.951
15.815
12.262
17.212
17.500
17.347
14.233
Male
Female
No Response
6397
5027
113
58.0
48.4
60.2
3709
2434
68
106.44
102.58
108.27
16.893
17.594
16.283
Race or Ethnicity Within Gender
Male
African American
White
American Indian
Asian
Hispanic
Other
924
3964
19
143
1141
206
39.9
66.2
52.6
53.1
44.8
57.3
369
2625
10
76
511
118
98.55
110.01
106.79
104.22
101.03
104.78
17.894
15.693
10.385
15.091
16.610
17.440
African American
White
American Indian
Asian
Hispanic
Other
908
2760
12
138
1005
204
33.4
58.1
66.7
44.9
36.5
44.6
303
1603
8
62
367
91
96.05
107.02
108.17
100.62
96.70
101.54
17.849
15.833
15.242
19.037
18.279
16.983
African American
White
Asian
Hispanic
Other
No Response
17
12
1
29
34
20
52.9
75.0
100.0
48.3
76.5
45.0
9
9
1
14
26
9
101.41
115.67
121.00
103.59
115.00
104.40
22.108
12.695
.
13.663
14.493
14.233
Some High School
High School Degree
Some College
42
1608
4876
42.9
37.4
46.3
18
602
2258
100.05
97.78
101.83
17.102
18.094
16.428
Gender
Female
No
Response
Education Level
Page 10
Total
Passing
Candidates
%
N
65.1 2433
75.1
695
59.1
205
Scaled
Score
Mean
SD
109.41 16.253
113.68 15.701
105.56 17.783
College Degree
Graduate Degree
No Response
3738
926
347
English
Spanish
Other
No Response
9390
1034
485
628
55.8
40.1
42.1
55.4
5244
415
204
348
105.83
98.15
98.78
104.61
16.771
18.676
19.224
17.908
4
28
7
3
.0
50.0
28.6
66.7
0
14
2
2
77.25
103.75
95.14
107.33
18.246
16.579
10.869
6.028
319
817
4
38
386
44
28.5
46.0
50.0
36.8
26.7
36.4
91
376
2
14
103
16
92.35
102.25
102.75
99.84
92.84
95.36
19.880
16.149
5.909
16.408
18.232
17.974
856
2849
16
78
928
149
29.0
54.9
56.3
35.9
37.7
39.6
248
1564
9
28
350
59
95.28
105.51
107.38
97.31
97.30
99.16
16.728
15.179
11.153
16.714
16.822
15.846
482
2347
7
134
623
145
48.5
73.8
57.1
53.0
48.2
62.8
234
1733
4
71
300
91
101.48
113.17
109.71
103.49
103.00
107.90
17.675
14.519
11.011
16.758
16.524
16.741
155
533
3
26
188
21
57.4
85.4
66.7
84.6
60.6
61.9
89
455
2
22
114
13
105.28
118.48
103.33
117.54
106.96
110.90
16.367
13.187
27.209
13.785
16.402
16.059
33
162
57.6
58.6
19
95
104.18
105.23
12.824
18.915
Native Language
Race or Ethnicity Within Education Level
Some High
African American
School
White
Hispanic
Other
High
African American
School
Degree
White
American Indian
Asian
Hispanic
Other
Some
African American
College
White
American Indian
Asian
Hispanic
Other
College
African American
Degree
White
American Indian
Asian
Hispanic
Other
Graduate
African American
Degree
White
American Indian
Asian
Hispanic
Other
No
African American
Response
White
Page 11
Total
Gender Within Education Level
Some High
School
High
School
Degree
Some
College
College
Degree
Graduate
Degree
No
Response
Passing
Candidates
%
N
100.0
1
66.7
4
53.5
23
65.9
54
45.0
9
Scaled
Score
Mean
SD
120.00
.
100.50 15.909
102.14 18.837
109.02 17.419
104.40 14.233
American Indian
Asian
Hispanic
Other
No Response
1
6
43
82
20
Male
Female
22
20
45.5
40.0
10
8
102.45
97.40
16.552
17.727
Male
Female
No Response
754
841
13
39.5
35.4
46.2
298
298
6
98.43
97.12
103.00
17.515
18.466
25.245
Male
Female
No Response
2647
2208
21
49.1
42.9
52.4
1299
948
11
102.97
100.41
106.52
16.100
16.737
12.750
Male
Female
No Response
2282
1427
29
69.1
58.9
55.2
1576
841
16
110.98
106.98
104.79
15.803
16.684
14.487
Male
Female
No Response
547
372
7
79.5
68.0
100.0
435
253
7
115.55
110.83
119.43
14.546
16.996
5.412
Male
Female
No Response
145
159
43
62.8
54.1
65.1
91
86
28
106.22
103.41
111.26
17.569
18.152
15.970
Page 12
Table 5. Life, Health & Variable Annuity Examination Performance by Form
Form
1
2
3
4
5
All
Candidates
African
American
White
American
Indian
Asian
Hispanic
Other
No Response
Total
N
Correct Answer
Ratea
Correlationb
2276
2303
2375
2266
2317
11537
69.9
0.24
70.6
0.24
69.8
0.24
69.8
0.24
69.7
0.24
70.0
0.24
N
Correct Answer
Ratea
Correlationb
363
368
400
350
368
1849
64.9
0.24
64.8
0.22
65.4
0.26
65.8
0.23
65.0
0.23
65.2
0.24
N
Correct Answer
Ratea
Correlationb
1314
1362
1360
1343
1357
6736
72.5
0.22
73.5
0.22
72.3
0.22
72.3
0.23
72.3
0.23
72.6
0.23
N
Correct Answer
Ratea
Correlationb
7
6
7
7
4
31
71.3
0.16
73.2
0.21
72.0
0.15
72.9
0.13
66.3
0.35
71.1
0.20
55
51
54
57
65
282
67.4
0.18
69.5
0.20
67.9
0.25
68.6
0.26
68.7
0.28
68.4
0.23
437
426
442
424
446
2175
66.0
0.23
66.6
0.25
66.4
0.23
65.3
0.23
66.5
0.24
66.2
0.24
96
86
105
82
75
444
71.1
0.24
70.9
0.24
69.2
0.24
69.4
0.23
66.4
0.24
69.4
0.24
4
4
7
3
2
20
74.2
0.24
63.8
0.19
75.6
0.24
65.1
-0.16
60.7
0.03
67.9
0.13
N
Correct Answer
Ratea
Correlationb
N
Correct Answer
Ratea
Correlationb
N
Correct Answer
Ratea
Correlationb
N
Correct Answer
Ratea
Correlationb
a
Average percent correct for items on exam.
Average point-biserial correlation for items on exam.
b
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