This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Why are some mutual insurers referred to as assessment mutuals? A) They charge low premiums ... (Read 89 times)

Lobcity

  • Hero Member
  • *****
  • Posts: 524
on: Jul 11, 2018
Why are some mutual insurers referred to as assessment mutuals?
 
  A) They charge low premiums because the loss exposures of their insureds are thoroughly assessed before a policy is written.
  B) They are noted for being very thorough in their assessment of investment opportunities.
  C) They are assessed for state premium taxes only if they make a profit.
  D) They can assess policyholders if premiums are insufficient to pay losses and expenses.

Question 2

The corporate structure of mutual insurers has changed in recent years. All of the following are examples of significant changes EXCEPT
 
  A) demutualization of some insurers.
  B) sharp increase in the number of mutual insurance companies.
  C) increase in company mergers.
  D) formation of mutual holding companies.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Qarqy

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jul 11, 2018
Answer to Question 1

Answer: D

Answer to Question 2

Answer: B


Lobcity

  • Hero Member
  • *****
  • Posts: 524
Reply #2 on: Jul 11, 2018
Thank you :)


Qarqy

  • Sr. Member
  • ****
  • Posts: 313
Reply #3 on: Jul 11, 2018
Happy to help you


« previous next »
 

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Abdominal Assessment Landmarks. When describing pathology of the abdomen, it is useful to use theses Abdominal Assessment Landmarks. When describing pathology of the abdomen, it is useful to use theses
Pupil assessment; B, moving penlight directly in front of pupil. Pupil assessment; B, moving penlight directly in front of pupil.
Nursing assessment questions Nursing assessment questions
Patient teaching: male genetalia assessment Patient teaching: male genetalia assessment
Assessment by Domain Assessment by Domain
The xy plane is painted with a uniform surface charge density which is equal to 40 nC/m2 . ... The xy plane is painted with a uniform surface charge density which is equal to 40 nC/m2 . ...
Video: Glomerular filtrate rate: pressures that affect GFR, NFP & GFR and blood composition

For a complete list of videos, visit our video library