Multiple Choice
The use of an applicant's personal opinions by underwriters for rating criteria directly violates which guiding principle of underwriting?
A) separation and class homogeneity
B) reliability
C) incentive value
D) social acceptability
Correct Answer:

Verified
Correct Answer:
Verified
Q6: A plaintiff will generally collect for negligence
Q23: One reason insurable losses must be definite
Q43: From the viewpoint of an insurer, the
Q64: Credit insurance provides coverage for which of
Q66: Which of the following is not an
Q67: In a world without underwriting,insurance would become
Q70: Adverse selection results in which of the
Q72: If insurers didn't practice underwriting,what would happen?<br>A)They
Q73: How did the 2005 hurricane season compare
Q208: Res ipsa loquitur means "the thing speaks