« previous next »

Author Question: A life insurance company based in Canada was licensed to operate in Massachusetts. When operating in ... (Read 32 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?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Female choice of males based on nuptial gifts. Female choice of males based on nuptial gifts.
life life
The Uses of Petroleum in Daily Life The Uses of Petroleum in Daily Life
During a period of high power demand, the voltage output of the power company is reduced by ... During a period of high power demand, the voltage output of the power company is reduced by ...
A clone-by-clone, or map-based A clone-by-clone, or map-based
Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ... Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ...
Video: How to find out if a population is evolving?

For a complete list of videos, visit our video library