Mark has been an underwriter for 20 years. An application he recently reviewed looked odd to him.
The building value in the application seemed far too high, and Mark suspected the applicant might be planning to destroy the property after it is insured. Mark hired an outside firm to investigate the applicant and to prepare a report about the applicant. This report is called a(n)
A) agent's report.
B) binder.
C) physical inspection.
D) inspection report.
Question 2
New Liability Insurance Company began operations last year and has been very successful.
The company's ability to grow is being restricted by an accounting rule that requires insurers to realize acquisition expenses immediately, while not realizing premiums received as income until some time has passed. Reinsurance is often used in such cases for which of the following purposes?
A) to stabilize profitability
B) to reduce the unearned premium reserve
C) to provide protection against catastrophic losses
D) to withdraw from a line of business or territory
Model of a sequential study in which two cohorts were followed beginning at age 20. One cohort was f
In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
Mark Rothko, Four Darks in Red.
Application of a Hot Soak
Every culture has funeral rituals that help its members mark the passing of one of their own and ...
Population age 65 and over and age 85 and over, selected years 1900-2008 and projected 2010-2050.