All of the following statements about the goals of the underwriting function is correct EXCEPT a. A goal of underwriting is to reduce the chance that insurance applicants do not conceal their high-risk tendencies to reduce their premiums. Underwriters try to sort insurance applicants into a risk pools based on the value of their applicant's expected loss. Underwriters of stock insurers try to charge the highest premium that an insurance applicant is willing to pay to maximize shareholder returns. In fact, all of the above are correct statements