Property-casualty insurers have diversified into many different lines in order to reduce risk.
Correct Answer:
Verified
Q17: Because of their high yields life insurance
Q18: The insurance principle states that individual risk
Q19: Loans to policyholders further increase the stability
Q20: Since the life insurance industry is "vested
Q21: Most insurance companies have expanded into the
Q23: Because property-casualty insurance companies are taxed virtually
Q24: Most property-casualty insurance firms plan to break
Q25: Property-casualty insurance firms are relatively unaffected by
Q26: Pension funds have little need for liquidity
Q27: Interest income and capital gains are federal
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