The Demutualization Process Is Expensive and Time Consuming

question 36

Multiple Choice

The demutualization process is expensive and time consuming.As an alternative to demutualization,many states have enacted legislation allowing a mutual company to reorganize as a company that directly or indirectly controls another insurer.The other insurer is a stock company that can issue additional shares of stock to raise capital.The reorganized company is called a

• A)captive insurance company.
• B)conglomerate.
• C)mutual holding company.
• D)stock holding company.

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Definitions:

Early Menarche

The onset of the first menstrual cycle at an earlier age than the statistical average, a factor that may influence physical and psychological health outcomes.

Parental Warmth

Describes the affection, support, and nurturing behavior exhibited by parents towards their children, which is crucial for healthy psychological development.

Secular Trend

a long-term pattern observed in data series over a significant period, indicating a general direction of change in society that is not attributed to seasonal or cyclical variations.

Nonindustrialized Countries

Countries that are less economically developed and not yet significantly involved in industrial processes.