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An organization wanting to purchase insurance for a one-time go-cart demolition derby charity event would most likely purchase insurance from a nonadmitted insurer because the
An organization wanting to purchase insurance for a one-time go-cart demolition derby charity event would most likely purchase insurance from a nonadmitted insurer because the risk is Select one: O A. Distressed. B. Highly regulated. OC. Unique. O D. High-capacity. Nonadmitted insurers benefit consumers by Select one: A. Charging lower rates than admitted insurers charge for the same coverage. B. Providing coverage for loss exposures that admitted insurers are unable to insure profitably. C. Reducing the need for admitted insurers for coverages such as workers compensation and automobile liability. OD. Complying with state insurance department regulations regarding rate, form, and underwriting rules
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