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In an insurance underwriting cycle considered a soft market, each of the following is true for insurers EXCEPT: Profits are improving. The price of insurance
In an insurance underwriting cycle considered a "soft" market, each of the following is true for insurers EXCEPT: Profits are improving. The price of insurance increases. Consumers have more options when shopping for coverage. Underwriting standards are less restrictive.
In an insurance underwriting cycle considered a "soft" market, each of the following is true for insurers EXCEPT:
Profits are improving.
The price of insurance increases.
Consumers have more options when shopping for coverage.
Underwriting standards are less restrictive.
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