Which of the Following Is a Method Used to Help

question 20

Multiple Choice

Which of the following is a method used to help ensure the solvency of insurers?

• A)commercial lines deregulation
• B)risk-based capital standards
• C)use of credit-based insurance scores
• D)use of no filing required rating laws

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Definitions:

Simplified Expression

A mathematical expression that has been reduced to its most basic form, eliminating any unnecessary complexity.

Algebraic Expression

An expression in mathematics that includes regular numbers, variables such as x or y, and operations such as addition, subtraction, multiplication, and division.

Algebraic Expression

An expression built from constants, variables, and algebraic operations (such as addition, subtraction, multiplication, and division).

Values

Numerical quantities assigned to variables or outcomes in mathematical expressions, calculations, or measurements.