Facilities, such as assigned risk plans and FAIR Plans, that exist to provide coverage for those who cannot get it in the regular market. Insurers doing business in a given state generally must participate in these pools. For this reason the residual market is also known as the shared market.
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About this Entry
This page contains a single entry by David published on July 12, 2005 4:04 PM.
RESERVES was the previous entry in this blog.
RETENTION is the next entry in this blog.
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