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Find the amount paid by each of the multiple carriers. The Dixie Beer Company had an insured fire loss of $89,000. It had insurance coverage
Find the amount paid by each of the multiple carriers. The Dixie Beer Company had an insured fire loss of $89,000. It had insurance coverage as follows: Company A, $500,000; Company B, $200,000; and Company C, $100,000. Find the amount paid by each carrier assuming that the coinsurance requirement had been met.
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