Which of the following statements is true regarding the information systems functional area of an insurance company?I.Computers and information systems are able to perform some tasks that previously were performed directly by employees. II.Information systems can speed the processing of policies by insurers.

Which of the following statements about the regulation of insurance company investments is (are) true?I.The purpose of regulating insurance company investments is to prevent insurers from making unsound investments which could threaten their solvency.II.Life insurers can invest an unlimited amount of their assets in common stocks.

Which of the following statements about reciprocal exchanges is (are) true?I.Reciprocal exchanges usually specialize in health insurance.II.Reciprocal exchanges are unincorporated mutual insurance companies.

The major argument in favor of an optional federal charter for insurers is that

Why are some mutual insurers referred to as “assessment mutuals”?

Which of the following statements about state insurance guaranty funds is (are) true?I.They limit the amount that policyholders can collect if an insurer becomes insolvent.II.They are usually funded by general revenues of the states.

Which of the following is an advantage of federal regulation of insurance over state regulation of insurance?

An insurance company chartered in another country has been licensed to operate in your state. In your state, the insurer would be considered a(n)

The percentage change in demand per a percentage change in advertising would be called the

What is the practical effect of an insurance contract being a contract of adhesion?