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Chapter 9 Insurance and Risk Management Which of the following statements concerning regulatory objectives of rate making is (are) true? I. Rates must not be

Chapter 9 Insurance and Risk Management

Which of the following statements concerning regulatory objectives of rate making is (are) true?

I. Rates must not be unfairly discriminatory.

II. Rates must be adequate.

A) I only

B) II only

C) both I and II

D) neither I nor II

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