Question

In: Operations Management

2. General liability (GL) is a required insurance for all California businesses. Which insurance company provides...

2. General liability (GL) is a required insurance for all California businesses. Which insurance company provides GL insurance for your company?

Solutions

Expert Solution

B.H. Gold Insurance Agency provides comprehensive general liability insurance in California. B.H. Gold Insurance Agency provides GL insurance for recruiting company. B.H. Gold Insurance Agency offers a wide range of services for any business in order to protect the business if an accident occurs at the business's property, against any kind injuries in the workplace, a possibility of paying for expensive lawsuits by clients and the other stakeholders. This is an excellent option for a recruiting company

keosha answered 2 years ago
Next > < Previous

Related Solutions

All of the following are true regarding California unemployment benefits except: A. Unemployment insurance (UI) provides...
All of the following are true regarding California unemployment benefits except: A. Unemployment insurance (UI) provides temporary payments to individuals who are unemployed through no fault of their own B. Unemployment insurance benefits are taxable income for Federal purposes C. Unemployment insurance benefits are not taxable by the State of California D. The Employment Development Department (EDD) sends a Form 1099-MISC to each individual for the total unemployment insurance benefits paid during the prior year
Which of the following is not an example of property and liability insurance? a. Liability to...
Which of the following is not an example of property and liability insurance? a. Liability to others b. Umbrella insurance c. Homeowner’s insurance d. All of the above are examples of property and liability insurance e. None of the above is an example of property and liability insurance
Describe in detail 3 of the general provisions required in an insurance contract. Which of these...
Describe in detail 3 of the general provisions required in an insurance contract. Which of these would be most important to an owner/insured? Potential provisions: ownership clause, beneficiary clause, misstatement of age clause
Adverse Selection: Suppose Snake Farm insurance provides fire insurance coverage to 10,000 homeowners in California.
Adverse Selection: Suppose Snake Farm insurance provides fire insurance coverage to 10,000 homeowners in California. Based on historical data, Snake Farm’s expert statisticians (a.k.a actuaries) have calculated that in a given year on average 100 of Snake Farms customers will lose their homes due to a fire. The historical data also shows that the average cost of replacing a house is $100,000.Assuming that Snake Farm’s must charge the same insurance premium to all its customers, how much will Snake Farm...
There was a losing health insurance reform in California that required employers to pay a payroll...
There was a losing health insurance reform in California that required employers to pay a payroll tax into a fund that provided for state-wide health insurance plan (or offer health insurance to their employees). If this law had passed, employers would have had to contribute $1 hour into a health insurance fund for each hour worked by their employees, show graphically what would have happened to wages and employment in California. Be sure to indicate the amount of the tax...
A) A large insurance company offers group disability insurance products to businesses, which in turn offer...
A) A large insurance company offers group disability insurance products to businesses, which in turn offer the product to their employees. Pricing policies to prevent a loss is difficult. Since it is difficult to know exactly which employees are more prone to file claims, it is hard to price policies accurately. If policies are priced too low, high-risk clients will be attracted and losses incurred. If policies are priced too high, not enough clients will be attracted. Compounding this factor...
Lonestar Insurance provides liability insurance to its client base of 10,442 clients. Every year, about 2,565...
Lonestar Insurance provides liability insurance to its client base of 10,442 clients. Every year, about 2,565 lawsuits are covered by Lonestar. What is the probability (in percent) that one of their clients will be served with a liability lawsuit in any given year?
Based on information from a large insurance company, 67% of all damage liability claims are made...
Based on information from a large insurance company, 67% of all damage liability claims are made by single people under the age of 25. A random sample of 52 claims showed that 43 were made by single people under the age of 25. Does this indicate that the insurance claims of single people under the age of 25 is higher than the national percent reported by the large insurance company? Give the test statistic and your conclusion. a) z =...
Based on information from a large insurance company, 66% of all damage liability claims are made...
Based on information from a large insurance company, 66% of all damage liability claims are made by single people under the age of 25. A random sample of 53 claims showed that 43 were made by single people under the age of 25. Does this indicate that the insurance claims of single people under the age of 25 is higher than the national percent reported by the large insurance company? Give the test statistic and your conclusion. a) z =...
Based on information from a large insurance company, 67% of all damage liability claims are made...
Based on information from a large insurance company, 67% of all damage liability claims are made by single people under the age of 25. A random sample of 54 claims showed that 44 were made by single people under the age of 25. Does this indicate that the insurance claims of single people under the age of 25 is higher than the national percent reported by the large insurance company? State the null and alternate hypothesis. a) Ho: p =...
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT