Which of the following is an example of a producer's fiduciary duty?

A producer's fiduciary duty involves acting with the utmost good faith and trust when handling client funds and transactions. In this context, recording receipt and remittance of premiums due to the insurance company is a clear example of a fiduciary duty. This responsibility requires the producer to accurately account for the premiums collected from clients and to ensure that these funds are properly and promptly remitted to the insurer. By doing so, the producer demonstrates integrity and accountability, which are essential components of their role as a trusted intermediary between the insurer and the client.

Fulfilling this duty helps to establish a trustworthy relationship with clients, as they can depend on the producer to handle their financial transactions responsibly. Also, it ensures compliance with regulatory requirements, which further protects clients' interests.

In contrast, the other options do not directly address the fiduciary duty. Negotiating claims settlements with clients involves advocacy and negotiation skills, but it is not specifically related to the careful management of client funds. Managing overall business profits and losses pertains more to business operations than to the specific duties of a producer concerning client transactions. Advertising special offers focuses on marketing strategies and attracting new clients, which, while important to business growth, does not involve the fiduciary responsibility associated with handling client funds.