100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
AIC 300 CLAIMS IN AN EVOLVING WORLD EXAM, PRACTICE EXAM AND STUDY GUIDE NEWEST 2024 ACTUAL EXAM 100 QUESTIONS AND CORRECT DETAILED ANSWERS $22.99
Add to cart
Quickly navigate to
Preview
  2.  
  3. Aic 300
  4.  
  5. Aic 300

Exam (elaborations)

AIC 300 CLAIMS IN AN EVOLVING WORLD EXAM, PRACTICE EXAM AND STUDY GUIDE NEWEST 2024 ACTUAL EXAM 100 QUESTIONS AND CORRECT DETAILED ANSWERS

1 review
 4 purchases
  • Course
  • Aic 300
  • Institution
  • Aic 300

AIC 300 CLAIMS IN AN EVOLVING WORLD EXAM, PRACTICE EXAM AND STUDY GUIDE NEWEST 2024 ACTUAL EXAM 100 QUESTIONS AND CORRECT DETAILED ANSWERS

Preview 4 out of 72  pages

Document information

  • July 27, 2024
  • 72
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

Subjects

  • aic 300
  • aic 300 claims in an evolving world exam practice
  • aic 300 claims in an evolving world

Written for

  • Aic 300
  • Aic 300

1  review

review-writer-avatar

By: ProLabs • 7 months ago

Seller

avatar-seller
TheAlphanurse

Reviews received

Content preview

Don't worry, you'll bounce back!
Your time: 1 min

Correct 0
0%
AIC 300 CLAIMS
Incorrect
IN AN
104
EVOLVING WORLD EXAM,
PRACTICE EXAM AND STUDY GUIDE NEWEST 2024
ACTUAL
Next steps EXAM 100 QUESTIONS AND CORRECT
DETAILED ANSWERS
104 missed terms

Practice terms in Learn Take a new test
Practice your missed terms Try another test to boost
more until you get them your confidence.
right.




Your answers



1 of 104

Term


In her investigations into fraudulent claims, Laura uses information
about the driver's history and driving habits to determine factors such
as speed, acceleration, and location. Laura is using
Select one:



Give this one a try later!

, Internet of Things. Blockchain.




Predictive models. Telematics.


Don't know?




2 of 104

Term


Mia tracks loss adjustment expense (LAE) as part of her management
of the claims department for an insurer. Mia considers LAE to be the
Select one:



Give this one a try later!



Total amount of loss reserves of all
Paid portion of claims.
claims.




Cost to investigate, defend, and
Total incurred amount of claims.
settle claims.


Don't know?




3 of 104

Term

,Although most policies are occurrence forms, covering claims that
occur during the policy period, some are claims-made forms. Which
one of the following types of loss is most likely to involve a claims-
made form?
Select one:


Give this one a try later!



A homeowners liability claim due to a
An automotive collision claim.
slip and fall.




A homeowners claim due to storm
A medical malpractice claim.
damage.


Don't know?




4 of 104

Term


As methods of communication evolve, it's important for claims
professionals to remember that any written claims communication may
be
Select one:



Give this one a try later!



Replaced with verbal communication. Misinterpreted.

, Edited later. Subpoenaed.


Don't know?




5 of 104

Term


Which one of the following is correct with respect to the elements of
good-faith claim management?
Select one:



Give this one a try later!



Consistent supervision,
When resolving a coverage question,
thorough training, and
insurers should avoid the appearance
manageable caseloads help
of bad faith by dealing only with
ensure that claim
those lawyers hired to defend the
representatives are able to
insured.
handle claims in good faith.




If the insured has excess insurance, Claim representatives should avoid
the claim representative should using policy provisions, such as
merely notify the excess insurer of arbitration clauses, to resolve
the claim. disputes over the settlement amount.


Don't know?




6 of 104

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller TheAlphanurse. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $22.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

64302 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 15 years now

Start selling

Recently viewed by you

Exam (elaborations) ·

(0)

TEST BANK For Taxation for Decision Makers 2020, 10th Edition by Shirley Dennis-Escoffier, Karen A. Fortin, Chapter 1 - 12 (Verified by Experts)

Exam (elaborations) ·

(0)

Test Bank - for Advancing Your Career Concepts of Professional Nursing Eighth Edition by Rose Kearney Nunnery, All Chapters | Complete Guide A+

Exam (elaborations) ·

(1)

LEAN SIX SIGMA GREEN BELT PRACTICE EXAM LATEST 2024-2025 EDITION INCLUDES CURRENT QUSTION AND CORRECT ANSWERS ALONG WITH THOROUGH EXPLANATIONS.

Exam (elaborations) ·

(0)

ETS MFT BUSINESS EXAM WITH 170 QUESTIONS AND CORRECTLY DETAILED ANSWERS (VERIFIED ANSWERS) LATEST UPDATE 2024 ALREADY GRADED A LATEST UPDATE 2024

Exam (elaborations) ·

(0)

TEST BANK For Principles of Auditing and Other Assurance Services 22nd Edition by Ray Whittington, Kurt Pany Chapters 1-21 Complete Guide.

Exam (elaborations) ·

(0)

ENG1503 October November PORTFOLIO (COMPLETE ANSWERS) Semester 2 2024 - DUE 23 October 2024; 100% TRUSTED Complete, trusted solutions and explanations

Exam (elaborations) ·

(0)

Instructor Solution Manual For Principles of Macroeconomics, 9th Edition N. Gregory MankiwRonald D. KneeboneKenneth J McKenzie Chapter(1-18)

Exam (elaborations) ·

(0)

Test Bank For Financial Accounting, 6th Edition By David Spiceland, Wayne Thomas, All 1-12 Chapters Covered ,Latest Edition ISBN:9781260786521

Exam (elaborations) ·

(0)

Test Bank for Pharmacology and the Nursing Process 10th Edition By Linda Lilley, Shelly Collins, Julie Snyder Chapter 1-58 |Complete Guide 2023
$22.99  4x  sold
  • (1)
Add to cart
Added