Question: 3 4 . Hi - Rise Builders operates in a state with neither a monopolistic nor a competitive state fund for workers compensation insurance. Due

34. Hi-Rise Builders operates in a state with neither a monopolistic nor a competitive state fund for workers compensation insurance. Due to its past loss experience, Hi-Rise cannot find a private insurer willing to provide its workers compensation insurance. Hi-Rise may, however, be able to buy workers compensation insurance from
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a. the state's department of insurance.
b. the federal emergency management agency.
c. the state residual market facility.
d. the federal employers liability agency.
35. In State "M," workers compensation insurance is available from either private insurers or an insurance facility established and funded by the state that competes with private insurers. State "M" is a state with
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a. a competitive state fund.
b. a monopolistic state fund.
c. a state residual market plan.
d. an involuntary private market plan.
36. Builtwell Construction Company hires Flushaway Plumbers, a subcontractor, to perform plumbing work on a number of its projects. If Builtwell's controller cannot provide evidence to its workers compensation insurer, Crown Casualty, that Flushaway Plumbers has workers compensation coverage, Builtwell could
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a. be held responsible for providing this coverage to Flushaway's employees and charged the applicable premium by its insurer.
b. be held strictly liable for injuries to Flushaway's employees.
c. be required to provide employee benefits to Flushaway's employees.
d. have its policy canceled by Crown Casualty for fraud.

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