« previous next »

Author Question: A life insurance company based in Canada was licensed to operate in Massachusetts. When operating in ... (Read 11 times)

karen

  • Hero Member
  • *****
  • Posts: 537
on: Jul 11, 2018
A life insurance company based in Canada was licensed to operate in Massachusetts. When operating in Massachusetts, the Canadian insurer would be considered a(n)
 
  A) domestic insurer.
  B) captive insurer.
  C) foreign insurer.
  D) alien insurer.

Question 2

The major reasons for insurer insolvency include which of the following? I. Inadequate pricing and loss reserves II. Rapid growth and inadequate surplus
 
  A) I only
  B) II only
  C) both I and II
  D) neither I nor II


Liddy

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: D

Answer to Question 2

Answer: C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Species currently endangered in Canada include (a) the Burrowing Owl, Athene cunicularia; (b) Taylor Species currently endangered in Canada include (a) the Burrowing Owl, Athene cunicularia; (b) Taylor
The life history of T cells The life history of T cells
Life Table Life Table
Ernesto Neto, TorusMacroCopula, one of four sculptures in Madness is Part of Life. Ernesto Neto, TorusMacroCopula, one of four sculptures in Madness is Part of Life.
A member of the Uru-Eu-Wau-Wau tribe in Brazil. The way of life of the world’s few remaining rain ... A member of the Uru-Eu-Wau-Wau tribe in Brazil. The way of life of the world’s few remaining rain ...
Pharmaceutical Company Representatives Pharmaceutical Company Representatives
Video: Nucleic acid digestion -small intestine

For a complete list of videos, visit our video library