Question
Insurance companies that band together as self-insurers
and form an organization that is chartered and licensed as an insurer in at least one state to handle liability insurance is called?Solution
Risk Retention Groups (RRGs) are liability insurance companies owned by its members. RRGs allow businesses with similar insurance needs to pool their risks and form an insurance company that they operate under state regulated guidelines.
Tap ‘A’ and tap ‘B’ can fill a tank in 40 hours and 30 hours, respectively. If both taps are opened together, then find the time after which tap...
The tilt of the earth’s rotation relative to the ecliptic as earth revolves around the sun
A. The varying amount of sunspot activity
B. ...
Trade Union Act came into force in:
Five boys are sitting in a line having their faces at the North. P is at the right of Q. T is on the left of Q but on the right of R. If P is on the lef...
Maximum number of protected workmen:
Which of the following statements is/are correct?
(i) Magnetic field strength is strongest at the center of a bar magnet.
(ii) No two magn...
Which of the ecological pyramids show both upright and inverted types?
The “One Nation-One Port” process was introduced to improve:
What kind of penalty is there on an “illegal strike”?
The EPF Act applies to establishments with at least how many employees?
