Which one (1) of the following statements best describes "The Facility Association"? OA) It is a government fund used to pay claims for injury or damage caused by uninsured drivers. OB) It is run by the provincial government to provide insurance on all hard to place risks. OC) It is a pool of insurers to provide insurance on all substandard property and automobile risks. OD) It is a pooling arrangement subscribed to by all automobile insurers who share the experience on risks writte and is serviced by a few insurers called servicing carriers.

Which one (1) of the following statements best describes "The Facility Association"? OA) It is a government fund used to pay claims for injury or damage caused by uninsured drivers. OB) It is run by the provincial government to provide insurance on all hard to place risks. OC) It is a pool of insurers to provide insurance on all substandard property and automobile risks. OD) It is a pooling arrangement subscribed to by all automobile insurers who share the experience on risks writte and is serviced by a few insurers called servicing carriers.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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