All states have state guaranty fund associations for both property/casualty and life/health insurance.
Correct Answer:
Verified
Q15: The commissioner of insurance generally has more
Q16: Insurance rates are considered dynamic because of
Q17: An insurer must have a license from
Q18: Each line of business has its own
Q19: The investment activity of the life/health industry
Q21: A combined ratio above one hundred means
Q22: Combined ratio is:
A)loss ratio plus expense ratio.
B)premium
Q23: Fire and allied lines as well as
Q24: Identify the characteristics of a market.
A)Insurance rates
Q25: Which of the following explains the movement
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