Final answer:
Germany was the first country to provide health insurance for workers, making b) Germany the correct answer to the related question.
Step-by-step explanation:
An insurer authorized to transact insurance in a particular state by that state's insurance department is known as d) The insurer. This is in the context of the U.S. insurance industry, which is regulated primarily at the state level. The authorization process is a critical aspect of government regulation of insurance, ensuring that the insurer meets specific standards and guidelines to operate legally within the state.
One of the primary roles of state insurance regulators is to balance the goals of keeping the price of insurance low while ensuring that everyone has access to insurance coverage. These priorities can be challenging to reconcile and are often influenced by political forces.
Regarding international history of insurance, Germany was the first country to provide health insurance for workers, making b) Germany the correct answer to the related question.
The insurer authorized by a state's insurance department to transact insurance is known simply as "The insurer." The state-level regulators monitor insurers to keep insurance affordable and widely available, despite potential conflicts and political influences. Germany was the first country to offer health insurance to workers.