Which of the following is a result of adverse selection?

Brenda identified all of the pure loss exposures her family faces. Then she analyzed these loss exposures, developed a plan to treat these risks, and implemented the plan. The process Brenda conducted is called

Which of the following statements about an excess insurance plan is true?

Bev lives in the suburbs and works downtown. She drives to work, and her most direct route to work would require her to pass through an area where carjackings and drive-by-shootings are common. Bev does not drive through this area. Instead, she uses a route which adds 10 minutes to her commute. Which risk management technique is Bev using with respect to the risk of injury while driving through the dangerous area?

Acme Company has three identical manufacturing plants, one on the Texas Gulf Coast, one in southern Alabama, and one in Florida. Each plant is valued at $200 million. Acme’s risk manager is concerned about the damage which could be caused by a single hurricane. The risk manager believes there is an extremely low probability that a single hurricane could destroy two or all three plants because they are located so far apart. What is the maximum possible loss associated with a single hurricane?

Which of the following statements about the use of deductibles is (are) true?I.They represent risk retention by insurance purchasers.II.They tend to increase the cost of adjusting small claims.

Which of the following types of risks best meets the requirements for being insurable by private insurers?

Review the Code of Conduct for CCSD and explain one of the conducts and the consequences for not adhering to that regulation.

Brenda identified all of the pure loss exposures her family faces. Then she analyzed these loss exposures, developed a plan to treat these risks, and implemented the plan. The process Brenda conducted is called

Patients with Barrett’s esophagus usually undergo endoscopies to screen for progression to