Identify the Line of Insurance That Has the Largest Break-Even

question 67

Multiple Choice

Identify the line of insurance that has the largest break-even combined ratio.

• A)Personal auto
• B)Homeowners'
• C)Fire
• D)Workers' compensation
• E)Medical malpractice

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Definitions:

Management Skill

The ability to make business decisions and lead subordinates within a company.

Overall Environment

The total surroundings and conditions in which an individual, organization, or system operates, encompassing both external and internal factors.

Key Advantages

Fundamental benefits or positive aspects that distinguish a concept, method, or entity from others, providing it with competitive advantages.

Controlling Behavior

Actions designed to dominate or dictate the actions, thoughts, or feelings of others through authority or manipulation.