Merit rating is aimed at adjusting an insurance rate for specific features deemed to affect expected loss experience.
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Q9: Interest earned by insurers on premiums collected
Q10: Legislative supervision of insurers is generally concerned
Q11: A manual rate is a rate promulgated
Q12: The loss ratio method of rate making
Q13: A discount from a manual rate is
Q15: Experience rating looks to the past lost
Q16: A retrospective rating method affects the premium
Q17: Credibility in rate making is used to
Q18: Failure to investigate a claim promptly is
Q19: Most assets of insurance companies are invested
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