3-84 What Explains the Recent Increase in Many Large Insurance

question 57

Multiple Choice

3-84 What explains the recent increase in many large insurance companies conversion to stockholder controlled companies?

• A)Pressure from policyholders.
• B)Additional premiums.
• C)Access to equity markets.
• D)Tax concerns.
• E)Regulatory requirement.

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Definitions:

Battery

The act of causing offensive or harmful physical contact to another person intentionally or as a result of recklessness.

Assault

A civil wrong that occurs when one person intentionally and voluntarily places another in fear or apprehension of an immediate, offensive physical harm. Assault does not require actual contact.

Apprehension

A feeling of anxiety or fear that something bad or unpleasant will happen.

Assault

An intentional act that causes another person to fear imminent bodily harm or offensive contact.