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Pooling arrangements are less effective when the participant's losses are positively correlated. Which one of the following loss exposure examples will have the greatest positive
Pooling arrangements are less effective when the participant's losses are positively correlated. Which one of the following loss exposure examples will have the greatest positive correlation?
Options:
A) Flood damage to homes in southern Louisiana
B) Fire damage to homes in the metropolitan area of Houston
C) Automobile property damage in Omaha
D) Personal injury liability lawsuits filed in Minnesota
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