just the right answer

1. What type of loss reserve method considers incurred claims but not enough recorded? a. Regular Case Reserves b. IBNR Reserves C. IBNER Reserves d. Reopened Claims 2. Future changes will occur in a similar manner as in the past, and the experience to date is indicator of what future payments will be ... are characteristics of which method used to estimate ultimate losses. a. Expected Loss Ratio Method b. Projected Ultimate Loss Method c. Bornhuetter-Ferguson Method d. Loss Development Method 3. The expense an insurer Incurs to investigate, defend, and settle claims that are associated with a specific claim...this is the definition of: a. Rate Relativity Factors b. Pure Premium Indicators c. Allocated Loss Adjustment Expense d. Prospective Loss Cost Indicators