Actuarial Notes

Exam DISC-RM Practice Question 203

Study guide: Exam DISC-RM

A Texas insurer writes personal auto and homeowners insurance. Which statement about its underwriting guidelines is consistent with the Texas Insurance Code?

  • A) They are trade secrets that the insurer never has to disclose to the Department of Insurance
  • B) They need to be filed only when the insurer first enters the state, not when they later change
  • C) They may use any criterion the insurer chooses, provided its rates have been filed and approved
  • D) They must be filed with the department and may not be unfairly discriminatory

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