What is tria Study guides, Study notes & Summaries

Michigan Surplus Lines Insurance Exam Prep questions and answers latest top score. (1)Surplus Lines premiums typically expand during: A) A soft Market B) A Hard Market - correct answers.A Hard Market. Surplus lines premiums typically expand during a hard market. (2) During the time of a hard market, insurers will: A) Tighten their underwriting standards B) Loosen their underwriting standards - correct answers.A) Tighten their underwriting standards. Tighten and ra...

RMI 3567 Exam 2 Questions and Answers Already Passed What are three positive externalities that occurred due to access to terrorism insurance? 1. facilitates real estate transaction 2. strengthens businesses' ability to operate in risky areas 3. protects wealth/savings of households in risky areas Pollution from gasoline in a car or industrial pollution would be examples of what? negative externality This is the most common terrorism model for insurance risk pool What are the t...

USAA Auto Insurance Terms with Complete SolutionsUSAA Auto Insurance Terms with Complete SolutionsUSAA Auto Insurance Terms with Complete SolutionsUSAA Auto Insurance Terms with Complete SolutionsUSAA Auto Insurance Terms with Complete SolutionsTerrorism Risk Insurance Act (TRIA) - ANSWER-In 2002- the availability of reinsurance coverage against terrorism. If there is a terrorist act then the federal government is responsible in paying the insurer for any damage. What is TRIEA and when did it...

What are three positive externalities that occurred due to access to terrorism insurance? - Answer-1. facilitates real estate transaction 2. strengthens businesses' ability to operate in risky areas 3. protects wealth/savings of households in risky areas Pollution from gasoline in a car or industrial pollution would be examples of what? - Answer-negative externality This is the most common terrorism model for insurance - Answer-risk pool What are the two main features/provisions of TRIA?...

Terrorism Risk Insurance Act (TRIA) Answer - In 2002- the availability of reinsurance coverage against terrorism. If there is a terrorist act then the federal government is responsible in paying the insurer for any damage. What is TRIEA and when did it happen Answer - In 2005 legislation was modified and coverage was extended by the Terrorism Risk Insurance Extension Act FCRA- when, what, and what it stands for Answer - In 1970 the Fair Credit Reporting Act was establish by the federal gov...

Terrorism Risk Insurance Act (TRIA) Answer - In 2002- the availability of reinsurance coverage against terrorism. If there is a terrorist act then the federal government is responsible in paying the insurer for any damage. What is TRIEA and when did it happen Answer - In 2005 legislation was modified and coverage was extended by the Terrorism Risk Insurance Extension Act FCRA- when, what, and what it stands for Answer - In 1970 the Fair Credit Reporting Act was establish by the federal gov...

VTNE-HESI Exam 1. The Triadan numbering system is commonly used in human and veterinary dentistry to specify a tooth. What is the correct number of the permanent right maxillary canine tooth of a dog or cat?: 104 2. Which of the following pieces of information should the technician be most aware of prior to inducing a patient for anesthesia?

What is the length of the missing leg in a right triangle with a hypotenuse of 25 in. and a leg of 9 in.? - CORRECT ANSWERS 4√34 in. A scalene Triangle has - CORRECT ANSWERS no congruent sides Find the distance between points (0, 4) and (15, 0) by applying the Pythagorean theorem. - CORRECT ANSWERS 15.52 A circle has a diameter of 12.8 ft. What is the area of this circle? - CORRECT ANSWERS 128.61 ft. A circle has a circumference of 12.65 cm. Assuming π = 3.14, what is the measure of t...

What was the old public insurance model? what is it now? - Correct Answer ️️ -Old: government becomes the insurer New: government only intervenes if there is a problem, "crowds in" markets What are 3 models for insuring terrorism risk? - Correct Answer ️️ -1. public insurance 2. public reinsurance 3. risk pool What country utilized the risk pool terrorism insurance model? - Correct Answer ️️ - Netherlands What country utilized the public insurance terrorism insurance model?...

A unique feature in a bailee form is that it covers A. A loss that has no exclusions B. The building occupied by the insured whether it is owned or leased C. Customers property whether or not the insured has been negligent D. Fire and theft losses to the insured stock held for sale without any deductibles. correct answers C What is a certificate of insurance A. Written document allowing the insured to inspect the insured's books B. A written document showing to types and amounts of i...