Goshen Insurance purchased an aggregate excess of loss reinsurance treaty for its liability book. It provides $10 million excess of $2 million. Goshen Insurance insures a light manufacturer that made a floor lamp that caused a number of fires. The insurer ended up settling a $15 million class action suit brought by customers who had experienced damages from the lamps. What is the net loss for Goshen Insurance? Available answer options Select only one option A $2 million B $3 million C $5 million D $7 million