Author Question: Beverly lives in a sparsely populated area in northern Idaho. Some insurance companies marketing ... (Read 109 times)

cagreen833 · **on:** Jul 11, 2018

Beverly lives in a sparsely populated area in northern Idaho. Some insurance companies marketing coverage in northern Idaho cannot afford to have full-time adjustors there.

Several insurers hire Beverly to adjust claims for their insureds. Beverly charges the insurers a fee for each claim that she settles. Beverly is a(n)
A) public adjustor.
B) adjustment bureau.
C) independent adjustor.
D) company adjustor.

Question 2

Jan is employed by an insurance company. She reviews applications to determine whether her company should insure the applicant. If insurable, Jan assigns the applicant to a rating category based on the applicant's degree of risk. Jan is a(n)

A) underwriter.
B) actuary.
C) loss control engineer.
D) claims adjustor.