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Word

Assigned Risk 

Definition

A method to provide insurance to the uninsurable. In mandatory insurance states, everyone must have insurance regardless of their risk or record. These states require that each company writing insurance in their state must take a number of clients that they would not insure otherwise.
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Created at 10/28/2009 1:33 PM  by System Account 
Last modified at 10/28/2009 1:33 PM  by System Account 
 
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