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Personal Lines Oklahoma Insurance Test (Regulations) with Complete Solutions(SCORED A+)
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---2September 20232023/2024A+
- Actuary - ANSWER-Mathematician employed by the insurer who develops rates for the insurer. 
 
Underwriter is also known as? - ANSWER-Home Office Underwriter 
 
What 3 things does an underwriter do? - ANSWER-1. Gathers Information 
2. Analyzes Exposures 
3. Selects Risks for Insurer 
 
Exposures are also known as? - ANSWER-determining risks 
 
Producer is also known as? - ANSWER-Agent, field underwriter, or agent underwriter 
 
What is a producer? - ANSWER-A person required to be licensed t soli...
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