Plans for utilizing creative reserve financing techniques have never fully materialized, further increasing costs and
carrier exposure to risk.
Not exact matches
If reinsurance is not available for a particular
risk, such as significant windstorm losses, a
carrier will not write policies
to cover the
risk because it would cause unacceptable
exposure for them and their policyholders.
Most
carriers don't want
to write wind coverage in Corpus Christi because of the coastal
exposure and the obvious
risk.
It's also relevant that, depending on existing
exposure, some
carriers might consider Sacramento
to be a high
risk market because most of their other customers are in rural areas.
According
to scientists from the Centers for Disease Control and Prevention, cats are consistently the number - one
carrier of rabies among domestic animals and pose a «disproportionate
risk for potential human
exposure.»
If the
risk exposure goes down, the
carriers are able
to safely lower their rates accordingly.
The
carriers who have moved, however, are using big data platforms and complex computer algorithms
to ensure they are limiting their
exposure to risk, and they've published higher rates
to offset those who do slip through the cracks.
Disease rates are higher among some population groups, such as African - Americans.3 These higher disease rates have been attributed
to other
risk factors such as poverty and overcrowding, while higher mortality rates have been linked
to limited access
to health care services.3, 4 Living conditions, such as overcrowding, can result in a higher
exposure to potential
carriers of Neisseria meningitidis.4