Solved

The Costs of Catastrophic Events Continue to Increase Primarily Because

Question 4

Multiple Choice

The costs of catastrophic events continue to increase primarily because:


A) more people are moving into more hazardous areas.
B) not enough people pay for insurance in hazardous areas to even out the costs.
C) insurance companies are not making enough profit to satisfy their shareholders.
D) insurance companies are refusing to insure most natural hazard losses.
E) natural hazards are becoming more difficult to understand.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions