Author Question: Premiums based on experience ratings a. are uniform across age groups. b. are based on the loss ... (Read 64 times)

leilurhhh · **on:** Jul 1, 2018

Premiums based on experience ratings
a. are uniform across age groups.
b. are based on the loss experience of the insured.
c. vary depending on the income of the insured.
d. are illegal in most states in the U.S.
e. are only used in property-casualty insurance underwriting.

Question 2

Special interest groups often:
a. represent broad questions of public interest.
b. pursue rent seeking behavior.
c. do not use lobbying techniques.
d. have no effect on the political process.