« previous next »

Author Question: A life insurance company based in Canada was licensed to operate in Massachusetts. When operating in ... (Read 44 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?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Male coho salmon exhibit two alternative life history strategies. “Jack†Male coho salmon exhibit two alternative life history strategies. “Jackâ€ÂÂ
A consensus tree of life A consensus tree of life
W. A. Rogers’s engraving, “Out of the Game,” showed one injured boy tending to another. It appeared W. A. Rogers’s engraving, “Out of the Game,” showed one injured boy tending to another. It appeared
Life cycle of Giardia. Life cycle of Giardia.
Video: Studying the Left and Right Brain Independently

For a complete list of videos, visit our video library