USAA Test Questions and Answers 100% Accurate
USAA Test Questions and Answers 100% Accurate USAA Test Questions and Answers 100% Accurate USAA Test Questions and Answers 100% Accurate USAA Test Questions and Answers 100% Accurate What type of reinsurance contract involves two companies automatically sharing their risk exposure? - ANSWER-treaty A group-owned insurance company that is formed to assume and spread the liability risks of its members is known as a - ANSWER-risk retention group What is the name of the law that requires insurers to disclose information gathering practices and where the information was obtained? - ANSWER-Fair Credit Reporting Act The stated amount or percent of liquid assets that an insurer must have on hand that will satisfy future obligations to its policyholders is called: - ANSWER-reserves A nonprofit incorporated society that does not have capital stock and operates for the sole benefit of its members is known as: - ANSWER-fraternal benefit society
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