The arrangements by which pools manage separate accounts for each pool member from which the losses of that member are paid is called:

Question

Quizplus · Accepted Answer

The arrangements described in the question refer to the concept of claim-serving pools, where separate accounts are maintained for each pool member to cover their losses. Option A (employee pools) is not relevant to the given context, and option C (singular entity pools) does not accurately describe the arrangement explained in the question. Therefore, the correct answer is B.

The Arrangements by Which Pools Manage Separate Accounts for Each