Fire Insurance Rates and State Regulation - Softcover

Unknown

 
9780364435021: Fire Insurance Rates and State Regulation
Softcover
ISBN 10: 036443502X ISBN 13: 9780364435021
Publisher: Forgotten Books, 2024

Synopsis

Excerpt from Fire Insurance Rates and State Regulation<br/><br/>Supply and demand do not affect the price at which this indemnity is sold in the same manner in which supply and demand affect the price Of commodities. The losses which occur after the price is determined are the final determinants in fixing this price, and these losses are beyond the control Of the insurer. In certain cases, as in preferred risks upon which losses are very likely to be low, a condition of surplus of supply of insurance may exist. This condition may tend to establish inadequate rates. On the other hand it may happen that the supply of insurance for other classes of undesirable risks tends to be below the demand. The result is that the forces Of demand and supply do not establish that equilibrium which produces fair prices for all classes Of risks.

"synopsis" may belong to another edition of this title.

Publisher
Forgotten Books
Publication date
2024
Language
English
ISBN 10 
036443502X
ISBN 13 
9780364435021
Binding
Paperback
Number of pages
25

Other Popular Editions of the Same Title

9780364841075: Fire Insurance Rates and State Regulation (Classic Reprint)

Featured Edition

ISBN 10:  0364841079 ISBN 13:  9780364841075
Publisher: Forgotten Books, 2018
Hardcover