FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

4. A state sets up a system for insuring businesses who cannot find workers compensation insurance in the market from licensed carriers. The system features

image text in transcribed
4. A state sets up a system for insuring businesses who cannot find workers compensation insurance in the market from licensed carriers. The system features a state-chartered insurance company that is required to underwrite all businesses who apply for insurance. This mechanism is best described as a(n): a. Joint Underwriting Association b. FAIR Plan C. Assigned Risk Plan d. State Fund e. Reinsurance Pool

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

American Public School Finance

American Public School Finance

Authors: William A. Owings, Leslie S. Kaplan

1st Edition

0495807834, 9780495807834

More Books

Students also viewed these Finance questions

Question

★★★★★
A circular wire loop of radius 15.0 cm carries a current of 2.60 A. It is placed so that the normal to its plane makes an angle of 41.0 with a uniform magnetic field of magnitude 12.0 T. (a)...

Answered: 1 week ago

Question

★★★★★
a . It performs a conditional jump This option is incorrect. The AND instruction does not involve any form of jumping or branching in the code. b . It performs a bitwise AND operation This option is...

Answered: 1 week ago

Question

★★★★★
How would you describe promotion?

Answered: 1 week ago

Question

★★★★★
If a system expands in volume by an amount V (m 3 ) against a constant restraining pressure P(N/m 2 ), a quantity PV(J) of energy is transferred as expansion work from the system to its surroundings....

Answered: 1 week ago

Question

★★★★★
Find the value ( s ) of y ' when x = - 1 for 4 x 2 + y 3 = 6

Answered: 1 week ago

Question

★★★★★
An investment has an initial cost of $300,000 and a life of four years. This investment will be depreciated by $60,000 a yout and will generate the net inc average accounting rate of return (AAR) #...

Answered: 1 week ago

Question

★★★★★
A trader has an existing position of 100 shares of AAPL stock at $275. She decides to purchase a 260 put option for $17 and sell a 290 strike call option for $16. Synthetically, this is equivalent to...

Answered: 1 week ago

Question

★★★★★
During the past five years, KwonCo.'s stock earned annual returns of 7 percent, 13 percent, 19 percent, 8 percent, and 15 percent. Suppose the average inflation rate over this time period was 2.6...

Answered: 1 week ago

Question

★★★★★
Zach has worked in the pizza business for ten years. He is tired of working for others and now wishes to start his own pizza restaurant. Zach created a corporation called Zach's Pizza. Wanting to...

Answered: 1 week ago

Question

★★★★★
1.When a bank customer deposits $1,000 into her checking and $1,000 into her savings and there is a reserve requirement ratio of 5%, how is this recorded in the bank's balance sheets? Group of answer...

Answered: 1 week ago

Question

★★★★★
What does mentoring provide that supervision does not? Mentoring involves meeting compliance standards and supervision does not. Mentoring involves a level of discourse that goes beyond supervision...

Answered: 1 week ago

Previous Question Next Question