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chouri chouri
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7 years ago
Which of the following statements about reinsurance facilities for insuring high-risk drivers is (are) true?
I.   Underwriting losses in the reinsurance facility are shared by all auto insurers in the state.
II.   An insurer must accept all applicants for insurance, but the insurer has the option of placing high-risk drivers in the reinsurance pool.
A) I only
B) II only
C) both I and II
D) neither I nor II
Textbook 
Principles of Risk Management and Insurance

Principles of Risk Management and Insurance


Edition: 12th
Authors:
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Toni_AnnetteToni_Annette
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7 years ago
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chouri Author
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#2
6 years ago
Thanks for the help!
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