Social Studies, 09.07.2020 03:01 jetblackcap

All of the following are characteristics of a mutual insurance company EXCEPT: A. They are governed by a board of directors.

B. They have minimum financial capital requirements that must be met before they can conduct business.

C. They may issue policy dividends.

D. They are owned by stockholders.

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All of the following are characteristics of a mutual insurance company EXCEPT: A. They are governed...