One duty of the insurance company actuary is to:
A) handle claims when they involve property exposures and losses in multiple states
B) manage all contract negotiations when the agency agreement is signed by the agent and company
C) determine premium rates and classification schemes for the underwriters to apply
D) eliminate exposures from the pool that are going to have a loss
C
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By comparing Stogdill’s findings from his 1948 survey with the findings of his updated 1974 survey, which of the following was suggested?
A. leadership research has progressed little B. that risk taking and originality no longer play a role in problem solving C. that situational factors no longer play a large role within leadership D. that both personality and situational factors were predictors of leadership
Which of the following is part of the definition of culture?
a. A pattern of learned and shared assumptions b. How things are done, or are expected to be done, in a particular organization c. The framing of how organizational members think, perceive and feel d. All of the above
The Fair Housing Act exemptions do not apply to discrimination based on race or color
Indicate whether the statement is true or false
All of the following are true about time series methods EXCEPT
a. they discover a pattern in historical data and project it into the future. b. they involve the use of expert judgment to develop forecasts. c. they assume that the pattern of the past will continue into the future. d. their forecasts are based solely on past values of the variable or past forecast errors.