The state insurer has a $1,200,000 xs $200,000 per policy excess of loss treaty with Coastal Reinsurer. The state insurer sustains $1,500,000 from one of the policy. How much will the state insurer retain for the loss under this policy?

A company purchased a $1 million life insurance policy on one of its key executives in January (with consent). At that time, the executive was crucial to the company’s success. By June, the executive has been promoted to a different department with minimal impact on the company’s operations. Later, the executive had a serious injury and died in July. The company submits a $1 million claim.  Will the insurance company pay for the claim?

Which of the following statements about OASDHI is FALSE?  

Tom purchased a homeowners’ insurance policy from SafeGuard Insurance Company. During the application process, Tom was asked if he had any history of property damage claims. He failed to disclose that his previous home had suffered significant water damage from a burst pipe two years earlier, resulting in a $50,000 claim. Tom intentionally omitted this information because he feared his premium would increase. Six months later, he experienced another water damage from a burst pipe, causing $75,000 in damage. SafeGuard Insurance denied the claim and canceled the policy based on material misrepresentation. This is an example of   

Which of the following statements about “open-perils” coverage is (are) true? I. All losses are covered except those losses specifically excluded. II. The burden of proof is on the insured to prove that a loss is covered.  

How did support from the Arab League strengthen the push for foreign intervention in Libya in March 2011?

Emma was injured when she fell off a ladder at a hardware store. The store failed to provide adequate warning that the ladder was defective and wobbly (store 75% negligent). Emma was climbing while holding multiple heavy items and wearing loose clothing that could catch on the ladder (Emma 25% negligent). Under a modified comparative negligence 50% Bar rule, what is the outcome if damages are $60,000?

Which of the following is (are) TRUE concerning plan termination insurance sold by the PBGC?

After receiving the prescription from the healthcare provider, the patient does not start the medication or stop taking the medication when an adverse effect start has what type of medication adherence barrier?

Point of Care Testing (POCT), a role that advanced technicians may be trained to perform, includes all of the following EXCEPT