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Members of Mid-South Petroleum Distributors,a Trade Group,had Trouble Obtaining Affordable

Question 32

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Members of Mid-South Petroleum Distributors,a trade group,had trouble obtaining affordable pollution liability insurance.The members formed a group captive that is exempt from many state laws that apply to other insurers.This group captive is called a(n)


A) reinsurance pool.
B) Lloyd's association.
C) alien insurer.
D) risk retention group.

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