Jan is employed by an insurance company. She reviews applications to determine whether her company should insure the applicant. If insurable, Jan assigns the applicant to a rating category based on the applicant's degree of risk. Jan is a(n)

A) underwriter.
B) actuary.
C) loss control engineer.
D) claims adjustor.

Answer: A

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Choose the correct spelling

A) appropriate B) apropriate C) appropiate D) approppriate

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Terrorists attacked the World Trade Center on September 11, 2001

The attack simultaneously created large losses for life insurers, property insurers, workers compensation insurers, health insurers, and liability insurers. What name is given to an event that simultaneously creates large losses in several lines of insurance? A) speculative loss B) clash loss C) retroactive loss D) consequential loss

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