Identify the Process That Occurs When an Insurer Designates a Geographical

question 14

Multiple Choice

Identify the process that occurs when an insurer designates a geographical area in which it chooses not to provide insurance, or to provide it only at substantially higher prices.

• A)Actuarial
• B)Redlining
• C)Gentrification
• D)Blockbusting
• E)Underwriting

---

Definitions:

Hardy Personality

A personality trait characterized by resilience and the ability to remain strong under stress or adversity.

Extreme Competitiveness

A behavioral characteristic where individuals or entities strive to win or outperform others to an intense degree, often prioritizing success over other considerations.

Internal Locus

The belief that one's own actions and behaviors are the primary determinants of the outcomes in their life.

Positive Involvement

A concept referring to active and constructive participation in activities or initiatives, which promotes overall well-being and success.