Which groups do insurance professionals owe ethical responsibilities to?

Insurance professionals have ethical responsibilities to insurers, policyholders, and the public, making this the correct choice.

This answer reflects the broad scope of accountability that insurance professionals have within their industry. They must act in the best interest of insurers to ensure the financial viability of the companies they represent, fulfilling obligations to uphold the policies and overall corporate strategies. Additionally, their responsibilities extend to policyholders, as they must provide fair, honest, and prompt service, ensuring that customers understand their insurance products and receive the claims they are entitled to.

Finally, the public is another crucial stakeholder; insurance professionals are responsible for maintaining trust in the insurance process and promoting ethical behavior that boosts the industry's reputation. Upholding these responsibilities helps foster a healthy market environment, where ethical practices lead to greater consumer trust and satisfaction, essential for the long-term sustainability of the industry.

The other options incorporate groups that don't encompass the full range of ethical accountability outlined in the broader ethical standards of the industry. Thus, B comprehensively captures the essential ethical responsibilities of insurance professionals.