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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.
Influential
Having the power to affect the actions, behavior, or opinions of others.
Sarbanes-Oxley Act
A U.S. federal law that set new or expanded requirements for all U.S. public company boards, management, and public accounting firms to increase transparency and protect investors from fraudulent financial reporting.
Governmental Supervision
The act of monitoring, regulating, and overseeing activities by state or government agencies to ensure compliance with laws and regulations.
Environmental Factors
External elements like political, economic, social, technological, environmental, and legal conditions that affect an organization's operations.
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