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AzJose AzJose
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7 years ago
One liability on a property and liability insurance company's balance sheet is for the costs associated with settling and paying reserved claims. This liability is the
A) pre-paid expense reserve.
B) loss reserve.
C) unearned premium reserve.
D) loss adjustment expense reserve.
Textbook 
Principles of Risk Management and Insurance

Principles of Risk Management and Insurance


Edition: 12th
Authors:
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ownzore3ownzore3
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7 years ago
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