Question: 4. A state sets up a system for insuring businesses who cannot find workers compensation insurance in the market from licensed carriers. The system features

4. A state sets up a system for insuring businesses who cannot find workers compensation insurance in the market from licensed carriers. The system features a state-chartered insurance company that is required to underwrite all businesses who apply for insurance. This mechanism is best described as a(n): a. Joint Underwriting Association b. FAIR Plan C. Assigned Risk Plan d. State Fund e. Reinsurance Pool

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