« previous next »

Author Question: Insurers obtain data that can be used to determine rates from A) pricing pools. B) insurance ... (Read 128 times)

Sufayan.ah

  • Hero Member
  • *****
  • Posts: 512
on: Jul 11, 2018
Insurers obtain data that can be used to determine rates from
 
  A) pricing pools.
  B) insurance advisory organizations.
  C) banks.
  D) reciprocal exchanges.

Question 2

Which of the following statements about underwriting policy is (are) true?
 
  I. A company must establish an underwriting policy consistent with company objectives.
  II. Underwriting policy is usually subjective and allows the underwriter considerable flexibility with respect to lines written and forms used.
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II


Expo

  • Sr. Member
  • ****
  • Posts: 351
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: B

Answer to Question 2

Answer: A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Lake position in the landscape and proportion of water received as groundwater (data from Webster et Lake position in the landscape and proportion of water received as groundwater (data from Webster et
Abortion Rates by State, 2008 Abortion Rates by State, 2008
Obesity Rates in United States Obesity Rates in United States
Material safety data sheets (MSDS), now called safety data sheets (SDS), should be readily available ... Material safety data sheets (MSDS), now called safety data sheets (SDS), should be readily available ...
How to determine an exponential relation from a table of values How to determine an exponential relation from a table of values
Use of forward and reverse genetics to determine gene function Use of forward and reverse genetics to determine gene function
Video: Kidney Stones

For a complete list of videos, visit our video library