Exam (elaborations)
Michigan Surplus Lines Insurance Exam Prep | 105 Questions with 100% Correct Answers | Verified | Latest Update 2024
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(1)Surplus Lines premiums typically expand during: A) A soft Market B) A Hard Market - A Hard Market. Surplus lines premiums typically expand during a hard market. (2) During the time of a hard market, insurers will: A) Tighten their underwriting standards B) Loosen their underwriting standar...
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