Reinsurance is a legitimate business practice in the insurance industry. It becomes a problem when:

A. insurance companies fail to adequately diversify their investments.
B. insurance companies do not spread possible losses adequately.
C. reinsurers are undercapitalized.
D. insurance companies use reinsurers that are located outside the United States.


Answer: C

Criminal Justice

You might also like to view...

Crime scene diagrams are never created by forensic technicians

a. True b. False

Criminal Justice

According to this view, all information is contextual

a. contamination c. postmodernism b. self-development d. caring

Criminal Justice

Fads in crime that are stimulated by media coverage or portrayals are referred to as:

a. Copycat crimes b. Crimes of flattery c. Hollywood crimes d. Trend-induced crimes

Criminal Justice

_________________ theory is based on the belief that collective disorders occur when prison officials go too far in asserting their authority

Fill in the blank(s) with correct word

Criminal Justice