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JamesLu JamesLu
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7 years ago
Which statement is (are) true regarding property and liability insurance market conditions?
I.   Premiums are high when the insurance market is "hard."
II.   Underwriting standards are tight when the insurance market is "soft."
A) I only
B) II only
C) both I and II
D) neither I nor II
Textbook 
Principles of Risk Management and Insurance

Principles of Risk Management and Insurance


Edition: 12th
Authors:
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Toni_AnnetteToni_Annette
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7 years ago
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