Which of the Following Statements About Automobile Insurers That Specialize

question 36

Multiple Choice

Which of the following statements about automobile insurers that specialize in insuring high-risk motorists with poor driving records is (are) true?
I.The actual premium paid by an applicant is set by the federal government and is independent of an applicant's driving record.
II.The coverages available may be more limited than those written by insurers in the standard market.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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Definitions:

Chief Information Officer

An executive responsible for managing and implementing technology and information systems within an organization.

Information Systems

Systems that manage and process data to support decision-making and operations in an organization.

Big Data

Information collected in massive amounts and at unprecedented speed from both traditional and digital sources that is used in business decision making; complex structured or unstructured sets of information that traditional processing applications are unable to analyze.

Structured

Organized in a predictable, efficient, and systematic manner to facilitate processes, projects, or information management.