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Deloraine Doors and Windows Chief Risk Officer (CRO) estimated losses using a $50,000 limit to be $250,000. The appropriate increased limit factor for $50,000 is
Deloraine Doors and Windows Chief Risk Officer (CRO) estimated losses using a $50,000 limit to be $250,000. The appropriate increased limit factor for $50,000 is 1.20. The increased limit factor for a limit of $100,000 is 1.60. Using a $100,000 limit, what is Deloraine's forecasted expected losses? $300,000 $187,500 $265,000
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