Business, 17.03.2020 02:24 LuckyCharms988
Changes in weather patterns are increasing administrative costs for insurance companies. These added costs often exceed the amount of the premiums coming in and claim payments going out. To address this problem, insurance companies typically
A. increase dividend payments to shareholders.
B. deny weather related claims for property damage.
C. increase their investment income.
D. build up the amount of their reserves.
Answers: 2
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Changes in weather patterns are increasing administrative costs for insurance companies. These added...