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Question # 75

During which phase of the insurance market cycle do insurers typically loosen underwriting standards and reduce premiums?

Options:

A.

Hard market

B.

Soft market

C.

Capital crisis

D.

Insolvency phase

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Property and Casualty Overview

Name Property and Casualty
Code Property and Casualty
Vendor Finance, Insurance and Real Est
Certification State Licensing Boards

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