Which person is hired directly by the board of directors to manage the daily operations of the company?

Which of the following arises in policies in which the insured event occurs during a coverage period but a claim is not filed or reported until many years later?

A. Short-tail losses. B. Adverse selection. C. Moral hazard. D. Long-tail losses. E. Social inflation.

For sales reps and sales managers alike, empathy skills are crucial to their success. What is empathy?

a. the ability to skillfully negotiate b. the ability to motivate people c. the ability to listen and understand d. the ability to remain open to new ideas