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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:

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Suggested Answer: D

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

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Janna
13 days ago
B, for sure. Judicial decisions assessing liability are key. Can't have those pesky plaintiffs winning too many cases, now can we? *winks*
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Ashley
14 days 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?
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Dalene
15 days ago
I'm not sure about judicial decisions regarding noneconomic damages, but I think general inflation rates definitely play a role.
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Shawna
15 days ago
Hmm, I'm going to go with C. Judicial decisions regarding noneconomic damages. That seems like the most relevant factor to me.
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Avery
4 days ago
A) general inflation rates
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Elena
17 days ago
I agree with Haydee, because all those factors can impact claim payments.
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Haydee
29 days ago
I think the answer is D) All of the above.
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Carmen
1 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.
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Glenna
5 days ago
User 3: It's important to consider all those factors when assessing claims.
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Alyce
18 days ago
User 2: Yeah, those factors can definitely impact claim payments.
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Shawna
22 days ago
User 1: I think the answer is D. All of the above.
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