Insurers often have access to __________ data that allow them to determine the probability of an event occurring.
A) trade secret
B) historical
C) investment
D) current
Correct Answer:
Verified
Q30: Subrogation may exist as a contract term
Q31: The court in Administrative Committee of the
Q32: The goal of the indemnity principle is
Q33: _ are individuals trained in mathematics who
Q34: The amount an insured will receive is
Q36: LAE stands for _ and represents additional
Q37: The insured may take several steps as
Q38: The high costs and frequency of litigation
Q39: Insurance is largely governed by _ laws
Q40: Congress decided to largely relinquish regulatory control
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