Exam (elaborations)
CPCU 520 Ch 1 Overview of Insurance Operations Questions and Answers
- Course
- Institution
Proprietary insurer Insurer formed for the purpose of earning a profit for its owners Mutual Insurer An insurer that is owned by its policyholders and formed as a corporation for the purpose of providing insurance to them Reciprocal insurance exchange (interinsurance exchange) Insurer owned b...
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