Question: Underwriter Smith has just received a submission for windstorm coverage for a coastal South Carolina risk with an inception date of September 1. Which one
Underwriter Smith has just received a submission for windstorm coverage for a coastal South Carolina risk with an inception date of September 1. Which one of the following would be the most likely reason that Smith might decline writing this risk? A. He suspects adverse risk selection. B. The risk is above his underwriting authority. C. The risk came from a marginal producer. D. His company has inadequate surplus.
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