A hurricane caused $179,000 in damages to a building owned by Universal Imports. The building was insured by several carriers for a total of $659,000, and all coinsurance requirements were met. If CNA Insurance is providing $197,700 of the total coverage, what is their share of the loss?

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The Answer of A hurricane caused $179,000 in damages to a building owned by Universal Imports. The building was insured by several carriers for a total of $659,000, and all coinsurance requirements were met. If CNA Insurance is providing $197,700 of the total coverage, what is their share of the loss?

A Hurricane Caused $179,000 in Damages to a Building Owned