One Method of Ensuring the Solvency of Insurers Is a Periodic

question 51

Multiple Choice

One method of ensuring the solvency of insurers is a periodic review,every three to five years,of insurers that operate on a multistate basis.This review is coordinated by the NAIC.This review is called a(n)

• A)annual report.
• B)early warning system.
• C)field examination.
• D)inspection report.

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Definitions:

Empirical

Based on, concerned with, or verifiable by observation or experience rather than theory or pure logic.

Psychodynamic

A psychological perspective that emphasizes the systematic study of the psychological forces that underlie human behavior, feelings, and emotions and how they might relate to early experience.

Clinical

Pertains to the observation, diagnosis, and treatment of patients within a healthcare setting.

Empirically Tested

The process of evaluating hypotheses or theories through direct observation and experimentation to establish their validity.