Actuarial Notes

Exam DISC-RM Practice Question 408

Study guide: Exam DISC-RM

An insurer wrote a new ISO personal auto policy (no state amendatory endorsement) 100 days ago. The underwriter now wants to cancel it. Which development lets the insurer cancel?

  • A) The named insured caused a minor at-fault accident in a parking lot last week
  • B) The named insured received a speeding ticket for driving 20 miles over the limit
  • C) Her resident son's driver's license was suspended during the policy period
  • D) The named insured moved to a territory with much higher rates

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