From the insurer's perspective, which one of the following is the primary goal of ratemaking?

A$.$

To comply with all state insurance laws and regulations relating to promulgation of rates

B$.$

To develop a rate structure that enables the insurer to compete effectively while earning a reasonable profit on its operations

C$.$

To develop rates that allow the insurer to maximize profits and market share

D$.$

To develop rates that adequately cover all losses and expenses