As a Result of an Internal Risk Assessment,Allstate Insurance Decided

question 24

Multiple Choice

As a result of an internal risk assessment,Allstate Insurance decided it was not profitable to provide hurricane insurance in the state of Florida.Allstate apparently chose to ________ the risk of paying hurricane claims in Florida.

• A) reduce
• B) share
• C) avoid
• D) accept

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Definitions:

Confidence

A belief or trust in one's abilities, qualities, or judgment, often seen as a foundational psychological trait influencing behavior and mental health.

Personality

The combination of characteristics or qualities that form an individual's distinctive character and behavioral patterns.

Consistent Scores

Refers to the reliability or repeatability of test results over time or across multiple assessments.

Validity

The extent to which a test, assessment, or measurement accurately measures what it claims to measure.