Which of the following is NOT grounds for denial or revocation of an insurance license?

The reason that failure to disclose the agent's commission is not a ground for denial or revocation of an insurance license lies in the nature of how licensing regulations are typically structured. Licensing authorities focus on conduct that significantly impacts public trust and the integrity of the insurance system.

Convictions for felonies, fraudulent conduct, and non-compliance with continuing education requirements directly relate to the individual's moral character and professional competence, which are critical factors in determining eligibility for holding an insurance license. Felony convictions and fraudulent actions reflect serious breaches of trust and ethical standards that can adversely affect consumers' interests. Similarly, not completing the necessary continuing education could leave agents ill-prepared to serve clients effectively and responsibly, undermining the quality of the insurance services provided.

On the other hand, while transparency regarding commissions is important for ethical practice, failure to disclose an agent’s commission does not inherently demonstrate a lack of moral character or competency in the same way that the other choices do. Instead, it may be considered an ethical violation that could lead to disciplinary action, but it does not rise to the level of justifying a complete denial or revocation of an insurance license. Thus, it is seen as less severe in the context of licensure grounds.