Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

SOFE Exam AFE Topic 3 Question 97 Discussion

Actual exam question for SOFE's AFE exam
Question #: 97
Topic #: 3
[All AFE Questions]

In which of the following, Internal entity experience or information from published sources concerning recent trends in socioeconomic factors affecting claim payments:

Show Suggested Answer Hide Answer
Suggested Answer: D

by Royal at Mar 24, 2025, 04:37 AM

Limited Time Offer

25%

Off

Get Premium AFE Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Janna
3 months ago
B, for sure. Judicial decisions assessing liability are key. Can't have those pesky plaintiffs winning too many cases, now can we? *winks*
upvoted 0 times
Carmela
2 months ago
B, for sure. Judicial decisions assessing liability are key. Can't have those pesky plaintiffs winning too many cases, now can we? *winks*
upvoted 0 times
...
Daniel
2 months ago
D) All of the above
upvoted 0 times
...
Janna
2 months ago
C) judicial decisions regarding noneconomic damages
upvoted 0 times
...
Lorrine
2 months ago
B) judicial decisions assessing liability
upvoted 0 times
...
Janey
3 months ago
A) general inflation rates
upvoted 0 times
...
...
Ashley
3 months ago
It's gotta be D. All of the above. The insurance company needs to stay on top of all these socioeconomic trends to properly price their policies. *chuckles* Guess they're not just sitting around counting their money, huh?
upvoted 0 times
...
Dalene
3 months ago
I'm not sure about judicial decisions regarding noneconomic damages, but I think general inflation rates definitely play a role.
upvoted 0 times
...
Shawna
3 months ago
Hmm, I'm going to go with C. Judicial decisions regarding noneconomic damages. That seems like the most relevant factor to me.
upvoted 0 times
Elvera
2 months ago
I think it's safe to say that D) All of the above can contribute to the overall trends in socioeconomic factors affecting claim payments.
upvoted 0 times
...
Sanjuana
2 months ago
True, but C) judicial decisions regarding noneconomic damages are often a key factor in determining claim payments.
upvoted 0 times
...
Suzan
2 months ago
I agree, but B) judicial decisions assessing liability can also have a big impact on claim payments.
upvoted 0 times
...
Rupert
2 months ago
I think A) general inflation rates could also play a significant role in affecting claim payments.
upvoted 0 times
...
Annabelle
2 months ago
D) All of the above
upvoted 0 times
...
Carole
2 months ago
C) judicial decisions regarding noneconomic damages
upvoted 0 times
...
Rex
2 months ago
B) judicial decisions assessing liability
upvoted 0 times
...
Avery
3 months ago
A) general inflation rates
upvoted 0 times
...
...
Elena
3 months ago
I agree with Haydee, because all those factors can impact claim payments.
upvoted 0 times
...
Haydee
4 months ago
I think the answer is D) All of the above.
upvoted 0 times
...
Carmen
4 months ago
I think the answer is D. All of the above. These factors can all affect claim payments, from general inflation to court decisions on liability and damages.
upvoted 0 times
Glenna
3 months ago
User 3: It's important to consider all those factors when assessing claims.
upvoted 0 times
...
Alyce
3 months ago
User 2: Yeah, those factors can definitely impact claim payments.
upvoted 0 times
...
Shawna
4 months ago
User 1: I think the answer is D. All of the above.
upvoted 0 times
...
...

Save Cancel