James purchased liability insurance with a $100,000 limit from insurer a. when insurer a denied a claim that james thought should be covered, he bought a second liability insurance policy with a $150,000 limit from insurer b. before he cancelled the policy with insurer a, a $60,000 loss occurred. if this loss is settled on a pro rata basis, how much must each insurer pay? insurer a will pay $10,000 and insurer b will pay $50,000. insurer a will pay $20,000 and insurer b will pay $40,000. insurer a will pay $40,000 and insurer b will pay $20,000. insurer a will pay $24,000 and insurer b will pay $36,000.