Under what type of rate regulation are insurers required to obtain approval of rates before using them if the rate change exceeds a specified predetermined range?

A) flex-rating law
B) prior-approval law
C) file-and-use law
D) use-and-file law

Answer: A

Business

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Currently, Hispanic workers make up more than ________ percent of the workforce.

a. 12 b. 21 c. 24 d. 9 e. none of the above

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OTC-traded derivatives are standardized, and exchange-traded derivatives are customized

Indicate whether the statement is true or false

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