Question 12 (1 point) refers to an insurance system where the insured's rates reflect their expected loss potentials and have no intential subsidy between rate classes. Underwriting Rate classification Actuarial equity Rate scaling Question 13 (1 point) Which of the following are guiding principles in underwriting practice? (select all that are guiding principles) Small groups Balance within each risk class Equity among insureds Social acceptability Actuarially fair value for insured's premium