(A) Insurers hold large sums of money for the benefit of consumers. (B) Insurers are inherently financially unstable. (C) The cost of insurer insolvencies is shifted to taxpayers. (D) Solvency of insurers is easily measured without much cost. (E) The ...

(A) Errors in setting adequate rates. (B) Errors in estimating future investment returns. (C) Errors in estimating loss reserves. (D) Errors in estimating sales growth. (E) Errors in classification of loss exposure units.

(A) Earn a profit. (B) Provide funds for government-sponsored disaster relief programs. (C) Decline coverage for exposures that may have a loss. (D) Assist in preventing or reducing accidental losses. (E) Discourage risk-taking in business and personal activities.

(A) The policy’s coverage limit. (B) The insurable interest of all persons insured at policy inception. (C) The policy’s deductible provisions. (D) The policy’s coinsurance provisions. (E) The policy’s provisions for establishing the value of the insured property.