1 List Five Reasons That Individuals With Auto Insurance May Qualify For Reduced Pre 2719527

1. List five reasons that individuals with auto insurance may qualify for reduced premiums. (Hint: These can be related to the automobile that they drive or their own characteristics, or both).

2. MATCHING

Match each term with the correct statement below.

a.

additional living expenses

b.

comprehensive personal liability

c.

Dwelling

d.

loss settlement clause

e.

Other structures

1. When an insured peril damages an individual’s house, any increase in living costs is covered by _________________ insurance.

2. _________________ coverage protects an insured against loss to a detached garage.

3. The residence premises is called the _________________ in the homeowners’ policy.

4. The _________________ determines how items will be valued for adjustment purposes.

5. The _________________ provides liability coverage in the homeowners’ policy.

3. What are four methods for reducing moral hazard?

4. What are some methods for reducing asymmetric information?
5. What are riders? What are endorsements?

6. How can risk management benefit a corporation?

7. What are some appropriate techniques that an employer could use to reduce health care costs for its employees?

8a. What are some potential repercussions if underwriting standards are too lenient? What if underwriting standards are too stringent?

b. What are characteristics of a soft market?

c. What are some methods for an insurance company to reduce fraud in insurance? (list three)

9. What is the probability of dying for a male from ages 30 up to age 34?

What is the probability of living?

10. What are some of the motivations for employers offering employee benefits?

11. What do the average expected value, standard deviation, and coefficient of variation tell you about loss exposures?

Part Two

1. Explain the concepts of indemnity, adverse selection, asymmetric information, and moral hazard as they pertain to insurance.

2. What are the major sources of risk that we have discussed in this course? List and explain the sources of risks and why it is imperative to plan for these risks?

Part Three

1.

A. A health insurance policy contains a $200 calendar-year deductible, an 80 percent coinsurance provision, and a $2,500 out-of-pocket cap. If a $10,000 covered claim is the only claim made this year, the insurance company will pay

B. A health insurance policy contains a $200 per-cause deductible, a 75 percent coinsurance provision, and a $2,000 coinsurance cap. If a $10,000 covered claim is the only claim made this year, the insured would have to pay

3. Use the risk management process; incorporate loss control methods where appropriate. Analyze this as if you are a risk manager from a corporation that lends money. (hint: some risks might include default risk and credit risk)

http://www.azcentral.com/business/articles/0610biz-cashforcredit0610.html

Credit-boost loophole scares lending industry

Associated Press

Jun. 10, 2007 12:00 AM

Only a low credit score stood between Alipio Estruch and a mortgage to buy a $449,000 Spanish-style house in Weston, Fla., a few miles west of Fort Lauderdale.

Instead of spending several years repairing his credit rating, which he said was marred by two forgotten cellphone bills and identity theft, the 37-year-old real estate agent paid $1,800 to an Internet-based company to bump up his score almost overnight.

Instantcreditbuilders.com, or ICB, helped Estruch boost his score by arranging for him to be added as an authorized user on several credit cards of people with stellar credit who were paid to allow this coattailing. Parents also use this practice when they add their children to their credit cards to help them build solid credit.

The result was a happy ending for Estruch, but the growing practice is sending shivers through the mortgage industry. Federal regulators are also becoming increasingly concerned.

And after being contacted by The Associated Press for this story, Fair Isaac Corp., the developer of the widely used FICO score, said it will change its credit scoring system beginning later this year in a way it contends will end this little-known but potentially high-impact mortgage loan loophole.

Benefits for renters

The pitch to those who are essentially renting their credit history for pay is seductive: You don’t need to worry about users of this service receiving duplicate copies of your credit cards, account numbers or personal information.

Brian Kinney, 44, a retired Army officer in Glendale, Calif., pulls in more than $2,500 a month by lending out 19 credit-card spots on two old Citibank cards with strong payment histories. Kinney, whose FICO score is above 800 on the scale of 300 to 850, quit his job working at a Farmers Insurance agency and uses the ICB income to tide him over until he starts his own agency.

Lenders are worried, however, that they’re taking on greater default risks by unknowingly offering lower interest rates than they otherwise would to applicants who artificially boost their credit scores.

Estruch paid $1,800 in December for three credit-card spots, and by January, his FICO score jumped from 550 to 715. In mid-March, he closed on his four-bedroom beige stucco house after obtaining a 30-year fixed-rate mortgage from a unit of American Home Mortgage Investment Corp. It carried a 7.5 percent interest rate and required no down payment.

How it works

Companies like Largo, Fla.-based ICB are sprouting on the Internet with little overhead and no-frills marketing. They post ads on community Web sites like Craigslist and have sponsored links on Google and Yahoo. Competitors of ICB have even reached out to mortgage brokers, lenders and real estate agents, flooding their e-mail with advertisements.

Jason LaBossiere, who founded ICB a year and a half ago, said his company receives 100 to 150 new leads daily, a number that has been growing, and those inquiries lead to 10 to 20 new clients a week.

ICB charges $900 for the first credit-card account, with a discount for additional ones. The cardholder allowing the piggybacking on his or her credit history can receive $100 to $150 per slot, depending on the age and credit limit of each card. ICB pockets the rest.

The effect on a credit score can vary depending on what else is in a client’s report. But one borrowed credit-card account can increase a score between 30 and 45 points, two between 60 and 90 points, and five between 150 and 205 points, according to ICB. That’s because the computer program that calculates scores is essentially tricked into believing the credit renter has a better repayment history when it sees the added accounts and that helps lift the credit score.

Once the credit-card company files an updated report to credit bureaus, leading to a higher FICO score, the credit renter is removed from the account of the person allowing the piggybacking.

Fraud concerns

Kinney, the retired Army officer in California, said those borrowing his good credit history don’t get his personal information, full credit-card number or credit-card expiration dates. Any sensitive data is handled through ICB, and Kinney adds the users himself by calling his credit-card company. ICB also destroys any duplicate cards that are issued to the credit renter, according to its contract.

In fact, Kinney fears that those seeking a credit hike are most at risk to be swindled. They give the cardholder their names and Social Security numbers, which, in the wrong hands, could lead to identity theft. Kinney said he also receives credit-card offers in the mail for the credit borrowers on his accounts.

Ginny Ferguson, a mortgage broker in Pleasanton, Calif., and a credit expert for the National Association of Mortgage Brokers, considers the practice mortgage fraud, and the trade organization is about to release a policy statement against it.

“These companies are encouraging consumers to commit fraud,” Ferguson said.

ICB’s LaBossiere said he sees his business as a second chance for the consumer who has had little financial education to make good decisions. “People who are our clients are spending an incredible amount of money to get their finances back in order,” he said.

So far, federal authorities have yet to make a ruling on the issue.

And lenders, who depend on credit scores to assess a person’s ability to pay back a loan, are closely watching the practice’s growth.

Risk Manager Blake wants you to calculate the average expected loss, variance, standard deviation, and coefficient of variation for this loss experience.

 
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1 Knowledge And Understanding Demonstrate An Understanding Of The Importance Of Stra 2914475

1 Knowledge and understanding Demonstrate an understanding of the importance of strategic resource capabilities of business organisations, the organisations’ strengths and weaknesses and their impact upon organisational dynamics. 2 Knowledge and understanding Demonstrate an understanding of the nature and dynamics of the competitive environment in which business organisations operate, with particular focus on environmental threats and opportunities. 3 Intellectual, practical, affective and transferable skills Undertake a detailed analysis and evaluation of the resource capability and competitive environment of business organisations, with particular focus on the strategic fit of such organisations. 4 Intellectual, practical, Interpret that detailed analysis correctly and then report and present those findings in an appropriate manner. Module Guide Page 3 affective and transferable skills 3.1 Employability skills delivered in this module It is important that we help you develop employability skills throughout your course which will assist you in securing employment and supporting you in your future career. During your course you will acquire a wide range of key skills. In this module, you will develop those identified below: Document Preview:

Lord Ashcroft International Business School Strategic Management Analysis [For F2F Students] [Distance Learning/ Online Students – Please refer page 25] Department: Marketing, Strategy and Enterprise Module Code: MOD001074 Year: 2013/14 Semester: 2 Academic Year: 2013/14 Semester/Trimester:Module Guide Contents 1. Key Information ……………………………………………………………………………………….. 2 2. Introduction to the Module (MDF, section 6A) ……………………………………………….. 2 3. Intended Learning Outcomes (MDF, section 7) …………………………………………….. 2 3.1 Employability skills delivered in this module ………………………………………………… 3 4. Outline Delivery ……………………………………………………………………………………….. 4 4.1 Attendance Requirements ……………………………………………………………………….. 6 5. Assessment …………………………………………………………………………………………….. 7 5.1 Submitting via Turnitin®UK GradeMark [Cambridge and Chelmsford students] … 9 5.2 Submitting your work [Students in all other locations at Associate Colleges] ….. 11 5.3 Marking Rubric and Feedback ……………………………………………………………….. 11 5.4 Re-Assessment (resit) …………………………………………………………………………… 11 6. How is My Work Marked? ………………………………………………………………………… 11 7. Assessment Criteria and Marking Standards ………………………………………………. 14 7.1 Specific Assessment Criteria and Marking Rubric………………………………………. 14 7.2 University Generic Assessment Criteria – Level 6…

Attachments:

s-m-a.pdf

 
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1 Minimum Cash Balance Of Br 10 000 The Cost That Converts Marketable Securities Mss 2840306

1. minimum cash balance of Br.10, 000. The cost that converts marketable securities (MSs) to cash is Br.30; the firm’s marketable securities portfolio earns and 12%annual return. The standard division of ADRs daily net cash flows is estimated to be Br.150.

Required: Compute

A. The distance b/n the upper and the lower limits(Z)

B. The upper limit

The average cash balance and the target cash balance

 
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1 Mention In Details And Equations The Different Of Producing Phosphoric Acid From P 2266152

1- Mention in details and equations the different of producing phosphoric acid from phosphate?

 
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1 On March 1 2017 Beldon Corporation Purchased Land As A Factory 2419265

  1. On March 1, 2017, Beldon Corporation purchased land as a factory site for $62251. An old building on the property was demolished, and construction began on a new building that was completed on December 15, 2017. Costs incurred during this period are listed below:
  • Demolition of old building $4694
  • Architect’s fees for new building $11120
  • Legal fees for title investigation of land $1622
  • Property taxes on land for period beginning March 1, 2017 $3065
  • Construction costs $491792 Interest on construction loan $4896
  • Salvaged materials resulting from the demolition of the old building were sold for $2061

Required: Determine the amounts that Beldon should capitalize as the cost of the building only.Answer in dollars and cents ($0.00).
Answer:

  1. On March 1, 2017, Beldon Corporation purchased land as a factory site for $50743. An old building on the property was demolished, and construction began on a new building that was completed on December 15, 2017. Costs incurred during this period are listed below:
  • Demolition of old building $3630

Document Preview:

On March 1, 2017, Beldon Corporation purchased land as a factory site for $62251. An old building on the property was demolished, and construction began on a new building that was completed on December 15, 2017. Costs incurred during this period are listed below: Demolition of old building $4694 Architect’s fees for new building $11120 Legal fees for title investigation of land $1622 Property taxes on land for period beginning March 1, 2017 $3065 Construction costs $491792 Interest on construction loan $4896 Salvaged materials resulting from the demolition of the old building were sold for $2061 Required: Determine the amounts that Beldon should capitalize as the cost of the building only.  Answer in dollars and cents ($ 0.00 ). Answer: On March 1, 2017, Beldon Corporation purchased land as a factory site for $50743. An old building on the property was demolished, and construction began on a new building that was completed on December 15, 2017. Costs incurred during this period are listed below: Demolition of old building $3630 Architect’s fees for new building $11423 Legal fees for title investigation of land $1992 Property taxes on land for period beginning March 1, 2016 $2948 Construction costs $517411 Interest on construction loan $6506 Salvaged materials resulting from the demolition of the old building were sold for $1711 Required: Determine the amounts that Beldon should expense as operating costs.  Answer in dollars and cents ($ 0.00 ). On March 1, 2017, Beldon Corporation purchased land as a factory site for $58780. An old building on the property was demolished, and construction began on a new building that was completed on December 15, 2017. Costs incurred during this period are listed below: Demolition of old building $3180 Architect’s fees for new building $11294 Legal fees for title investigation of land $2041 Property taxes on land for period beginning March 1, 2017 $2118 Construction costs $483848 Interest on construction loan $5558 Salvaged…

Attachments:

Homework-Ch-1….docx

 
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1 Midwest Packaging S Roe Last Year Was Only 3 Percent But Its Management Has Develo 2841468

1. Midwest Packaging’s ROE last year was only 3 percent, but itsmanagement has developed a new operating plan designed to improve things. Thenew plan calls for a total debt ratio of 60 percent, which will result ininterest charges of $300,000 per year. Management projects an EBIT of$1,000,000 on sales of $10,000,000, and it expects to havea total assetsturnover ratio of 2.0. Under these conditions, the tax rate will be 34 percent.If the changes are made, what return on equity will the company earn?

 
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1 On A Dollar Bar Series On E Mini S P 500 Futures A Compute Smt For Sm Poly1 And Sm 2664120

1. On a dollar bar series on E-mini S&P 500 futures,

(a) Compute SMT for SM-Poly1 and SM-Poly 2, where 𝜑 = 1. What is their correlation?

(b) Compute SMT for SM-Exp, where 𝜑 = 1 and 𝜑 = 0.5. What is their correlation?

(c) Compute SMT for SM-Power, where 𝜑 = 1 and 𝜑 = 0.5. What is their correlation?

 

2. If you compute the reciprocal of each price, the series  turns bubbles into bursts and bursts into bubbles.

(a) Is this transformation needed, to identify bursts?

(b) What methods in this chapter can identify bursts without requiring this transformation?

 

 
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1 Mattela 1s Global Sourcing In China Like All Other Toy Manufacturers Was Based On 1205498

1.MattelA????1s global sourcing in China, like all other toymanufacturers, was based on both low-cost labor, and a growingcritical mass of factories competitively vying for contractmanufacturing business. Do you think the product recalls andproduct quality problems are separate from or part of pursuing alow-cost country strategy?

2.Whether it is lead paint on toys or defective sliding slideson baby cribs, whose responsibility do you think it is to assuresafety A????1 the company, like Mattel, or the country, in this caseChina?

3.Many international trade and development experts argue thatChina is just now discovering the difference between being a majoreconomic player in global business and its previous peripheral roleas a low-cost manufacturing site on the periphery of the worldeconomy. What do you think?

 
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1 On A Series Of E Mini S P 500 Futures Tick Data Compute Dollar Bars And Dollar Imb 2664286

1. On a series of E-mini S&P 500 futures tick data, compute dollar bars and dollar imbalance bars. What bar type exhibits greater serial correlation? Why?

2. On dollar bar series of E-mini S&P 500 futures and Euro  50 futures:

(a) Apply Section 2.4.2 to compute the {𝜔

(b) Derive the time series of the S&P 500/Euro  50 spread.

(c) Confirm that the series is stationary, with an ADF test.

 

 
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1 Mcq Applications Such As Robotics Expert Systems Pattern Recolonization Artificial 2847197

1.MCQ: Applications such as robotics, expert systems, pattern recolonization, artificial neutral networks etc are A.engineering software B.artificial Intelligence software C.system software D.product line software 2. Collection of patterns that define a set of activities, actions, work tasks, work products and related behaviors required to develop computer software is called A.process cell B.process pattern C.cell pattern D.bit pattern 3. Capability level in which all level 2 criteria have been achieved, process is tailored from organization’s set of standard processes according to organization’s tailoring guidelines and contributed work products ,measures and other process improvement information to organizational process assets in A.Level0:incomplete B.Level1:Performed C.Level2:Managed D.Level3:Defined 4. Phase of UP encompasses customer communication and modeling activities is A.inception B.construction C.elaboration D.transition 5. In PSP, by using measures and metrics collected, effectiveness and modification of process is determined by A.development B.postmortem C.planning D.high level design

 
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