Posted: November 23rd, 2015

Ideally Insurable Loss Characteristics and Government Intervention

Read the balance of Chapter 6, then write a thoughtful discussion that includes each of these four lines of insurance (Property FAIR plans, Workers’ Compensation, Windstorm, residual auto), explaining why/how state government becomes directly involved. Why would the answer vary by state? Use the concepts and language of “characteristics of an ideally insurable loss exposure” in your discussion.