The Number of Title Insurance Companies Operating in State Z

question 33

Multiple Choice

The number of title insurance companies operating in State Z is relatively low.Recently,the largest of these companies (50 percent market share) acquired the second largest company (30 percent market share) .Immediately after the acquisition,the insurer raised premiums by 75 percent.This scenario demonstrates which of the following rationales for the regulation of insurance?

• A)maintain insurer solvency
• B)prohibit unfair sales practices by agents
• C)ensure reasonable rates
• D)make insurance available

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Definitions:

Gender Difference

Variations in characteristics, behaviors, physiological processes, or societal roles associated with being male or female.

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An infection caused by Streptococcus bacteria, which can result in a wide range of diseases, from mild sore throats to life-threatening conditions.