« previous next »

Author Question: Insurers obtain data that can be used to determine rates from A) pricing pools. B) insurance ... (Read 171 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?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

The phosphorus cycle. Numbers are 1012 g P or fluxes as 1012 g P per year (data from Schlesinger 199 The phosphorus cycle. Numbers are 1012 g P or fluxes as 1012 g P per year (data from Schlesinger 199
An example of a Material Safety Data Sheet (MSDS). An example of a Material Safety Data Sheet (MSDS).
Graphing Psychological Data Graphing Psychological Data
Characteristics of the individual determine (a) whether they will be exposed to certain stressors ... Characteristics of the individual determine (a) whether they will be exposed to certain stressors ...
Knoop’s experiments to determine the b-oxidation of fatty acids Knoop’s experiments to determine the b-oxidation of fatty acids
How to determine the commission of a sale How to determine the commission of a sale
Video: How do the different types of chromatography work? (No Audio)

For a complete list of videos, visit our video library