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31) Members of MidSouth Petroleum Distributors, a trade group, had trouble obtaining affordable pollution liability insurance. The members formed a group captive that is exempt
31) Members of MidSouth Petroleum Distributors, a trade group, had trouble obtaining affordable pollution liability insurance. The members formed a group captive that is exempt from many state laws that apply to other insurers. This group captive is called a(n) A) risk retention group. B) reinsurance pool. C) Lloyd's association. D) alien insurer
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