Webce - Ethics Study Guide Graded A+

What state standards, based on the National Association of Insurance Commissioners (NAIC) model acts, specify minimum guidelines that insurance claims adjusters are required to follow in fulfilling their duties? {Ans: Unfair claims settlement practices acts}Everett and Hans currently share the same administrative assistant, Lorna. They are also competing with each other to see who gets promoted to a higher position that will soon become available. Which of the strategies he is considering might Hans find most effective? {Ans: Encourage Everett to succeed and try to keep up with him.}Which one of the following words is not a synonym for "fair" that one might find in a thesaurus? {Ans: Foul}Why is it difficult for a claims adjuster to be completely objective when determining the cause of a loss? {Ans: The adjuster's past experience with similar claims might lead him or her to jump to conclusions without conducting a thorough investigation}When you run across an ethical conflict, you should not be asking yourself: {Ans: Why is this happening to me?}Ronny had a lot of pain and suffering as a result of an accident. Comparable injury claims are typically settled for around $200,000, but Aileen, the adjuster assigned