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What is the definition of experience rating? The application of technology and engineering to human abilities, interests, and feelings The process of assessing and, ideally,
What is the definition of experience rating? The application of technology and engineering to human abilities, interests, and feelings The process of assessing and, ideally, measuring risk and developing strategies to protect the financial interests of a company. A system used to determine workers' compensation and unemployment insurance costs based upon the average number of employees from that company who are drawing the funds Any condition where a high probability exists that an accident may occur that will result in death or serious physical harm
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