Stamping offices provide many benefits to stakeholders

Assignment Help Financial Management
Reference no: EM131611922

1. Surplus lines stamping offices provide many benefits to stakeholders. Which one of the following is one of those benefits?

Surplus lines stamping offices address consumer complaints against any insurance company in the state.

Surplus lines stamping offices protect the state's tax revenues.

Surplus lines stamping offices ensure that costs of coverage to the insured are as low as possible.

Surplus lines stamping offices monitor the activities of anyone involved in the insurance industry.

2. Aggie Insurers operates in a state that requires all insurers to file their premium rates with the state insurance department before they start using their rates. Once the rates are filed Aggie Insurance can use the new rates without approval from the state insurance department. What kind of rate law does this state use?

Flex rating law

File-and-use law

Use-and-file law

Prior-approval law

Reference no: EM131611922

Questions Cloud

Research emerging it trends : Should your organization respond by being an early adopter or wait to see what transpires? What are the risks involved?
What is hamptons account of the justification of punishment : What is Hampton's account of the justification of punishment and what are some of the considerations that she advances in support of her position
Determine the strategic business goals : List at least two or three specific business goals for the next year or two with an explanation of the business' rationale for the goal.
How long does it take to quadruple it : At 6.6 percent interest, how long does it take to double your money? how long does it take to quadruple it?
Stamping offices provide many benefits to stakeholders : Surplus lines stamping offices provide many benefits to stakeholders. Which one of the following is one of those benefits?
Evaluate the fairness of the prison commission : The Scandal of Phone Call Price Gouging by Prisons In most U.S. states, the phone company guarantees the prison a commission of a percentage on every call.
Annual earnings of this population : Construct a 95% confidence interval for the true mean of the annual earnings of this population, also in thousands of dollars, rounded to whole numbers.
Balance sheet value of firms assets minus the balance sheet : The balance sheet value of a firms assets minus the balance sheet amount of its liabilities is known as
Price-setting equation : What is the real wage, as determined by the price-setting equation? Solve for the natural rate of unemployment.

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd