A system that requires each insurance company operating in a state to provide coverage to individuals who have been unable to obtain other insurance is referred to as:

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An assigned risk pool is a system where insurance companies are required to provide coverage to individuals who have been unable to obtain other insurance. This is also known as the "shared market" or the "residual market." The purpose of this system is to ensure that everyone has access to some level of insurance coverage, regardless of their risk level or ability to pay.

A System That Requires Each Insurance Company Operating in a State