A systemic risk is a risk that A) can be eliminated through ...

[bucstennis@aim.com]

A systemic risk is a risk that
 
  A) can be eliminated through diversification.
  B) can be the cause of the collapse of an entire system.
  C) can be insured privately.
  D) can be easily contained so that it does not spread.

Question 2

All of the following statements about insurance regulation are true EXCEPT
 
  A) Insurance commissioners are appointed in some states and elected in some states.
  B) Insurers are subject to regulation by certain federal agencies and laws.
  C) The National Association of Insurance Commissioners (NAIC) can force states to adopt the model laws that it drafts.
  D) An insurance commissioner can revoke or suspend an insurer's license to do business in his or her state.

[jharrington11]

Answer to Question 1

Answer: B

Answer to Question 2

Answer: C

[bucstennis@aim.com]

Thanks for the timely response, appreciate it

[Joy Chen]

Great answer, keep it coming