Actuarial Notes

Exam DISC-RM Practice Question 44

Study guide: Exam DISC-RM

In one state, an insurer writes 10% of the homeowners premium and received 45 of the 900 homeowners complaints filed with the insurance department last year. What is its complaint index, and what does it indicate?

  • A) 0.05, meaning 5% of its policyholders complained
  • B) 0.50, meaning its share of complaints is half its share of business
  • C) 2.00, meaning its share of complaints is twice its share of business
  • D) 45, meaning it drew more complaints than a typical insurer

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