Match the Descriptions with Their Terms

Multiple Choice

Match the descriptions with their terms:
-The _________________ is the means by which the ratings adjustment takes into consideration the actual loss experience of the firm.

A) assigned risk plan
B) association captive
C) excess insurance
D) experience modification factor
E) float
F) industry captive
G) large deductible plan
H) liquidating damages
I) loss conversion factor
J) offshore captive
K) onshore captive
L) partial permanent injury
M) RMIS
N) single parent captive
O) standard premium
P) workers' compensation insurance