Bullet points wrong in the final multiple choice questions
It should say 200 million.
What must happen for the federal government to share in an insurer’s losses under TRIA?
a
(a) The aggregate industry insured losses must exceed $180 million
(b) The insurer must file a lawsuit
(c) The insurer must declare bankruptcy
(d) The insured must file a complaint with the Treasury
Comments
Also, here may be better to specify the Direct Earned Premium instead of just annual premium.
What is the deductible an insurer must pay before receiving federal coverage under TRIA?
b
(a) 10% of its annual premiums
(b) 20% of its annual premiums
(c) 25% of its annual premiums
(d) 30% of its annual premiums
Thank you for both those comments. I have corrected them. (We're going through some growing pains with these new problem types. Thanks for your patience and understanding.)