A property and casualty insurer's loss reserve includes estimates for all of the following EXCEPT
A) claims anticipated but not yet incurred.
B) claims reported and adjusted but not yet paid.
C) claims reported and filed but not yet adjusted.
D) claims incurred but not yet reported to the company.
Answer: A
Business
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Each team member had a different spin on what their assignment was before the next meeting and this was sure to create some problems, thanks to the: A) Prejudice. B) Faulty attribution. C) Personal grudges. D) Faulty communication.
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The contract rate on adjustable rate loans is equal to the index rate plus the margin
Indicate whether the statement is true or false
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