Which of the following is true about the authority to issue endorsements?

The correct answer highlights that underwriters are typically the individuals who possess the authority to issue endorsements. An endorsement is a document that modifies, adds, or clarifies coverage in an insurance policy. This responsibility usually falls to underwriters because they have the expertise and authority to evaluate policy changes based on risk assessments and company guidelines.

Underwriters are specifically trained to analyze the implications of changes to policies, which ensures that endorsements are aligned with both the insurer's practices and the policyholder’s needs. This role requires a deep understanding of underwriting principles, coverage structures, and potential risks, which is why they have the exclusive authority in many situations.

While licensed agents do play an important role in communication with policyholders and may facilitate requests for endorsements, they do not have the final authority to approve or issue these modifications to the policy. Instead, they act as intermediaries who gather information and present it to underwriters.

Other insurance personnel may assist with various administrative tasks, but they typically do not have the authority to issue endorsements without the underwriter's approval. Policyholders cannot issue endorsements independently either, as they must submit requests to their insurers, which are then evaluated by the underwriters for approval.