Worthley Insurance Company uses claim audits to ensure compliance with best practices. These audits evaluate both quantitative and qualitative factors. Which one of the following factors that Worthley evaluates is a qualitative factor?

Worthley Insurance Company uses claim audits to ensure compliance with best practices. These audits evaluate both quantitative and qualitative factors. Which one of the following factors that Worthley evaluates is a qualitative factor?



A. Timeliness of reserving

B. Accurate evaluation of insured's liability

C. Average claim settlement value by claim type

D. Accuracy of data entry



Answer: B

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