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Properly classifying accounts is an important task for underwriters. The use of incorrect or random rate classifications Select one: A. Is common because underwriters have
Properly classifying accounts is an important task for underwriters. The use of incorrect or random rate classifications Select one: A. Is common because underwriters have very few guidelines to follow when classifying accounts. B. Typically occur when underwriters do not consult underwriting technicians. C. Will result in rates that do not accurately reflect the future loss potential of the classes. D. Is an illegal method that insurer's often use to manipulate underwriting statistics
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