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Business, 08.04.2020 21:10 Calebmf9195

Fly-By-Night Insurance Company had much larger losses than forecast. The company did not charge adequate premiums nor did the company purchase reinsurance. If Fly-By-Night becomes insolvent, which of the following will help pay the unpaid claims of the insurer?

A. guaranty fundB. premium rebatesC. risk-based capitalD. admitted assets

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Fly-By-Night Insurance Company had much larger losses than forecast. The company did not charge adeq...
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