Which one of the following is true regarding the delegation of underwriting authority by underwriting management?
Select one:
A. Highly centralized insurers restrict underwriting authority to both the home and field offices.
B. Front-line underwriters operate primarily from the home office.
C. Most insurers' underwriting decisions are either highly centralized or highly decentralized.
D. The extent of underwriting authority granted to an agent generally depends on premium volume and loss experience.