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A key step in the ratemaking process involves the determination of territorial relativities. As used in this context, relativities refers to Select one: A. Adjustments
A key step in the ratemaking process involves the determination of territorial relativities. As used in this context, relativities refers to Select one: A. Adjustments to loss development factors by state. B. Differences in producer commission structures by state. C. Relationships among rates in similar rating classes within a state. D. Differences in rate structure based on location within a state
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