CAS Exam 6C Spring 2015, Question 16
Study guide: Exam 6C
A provincial government which currently operates a public automobile insurance program is facing rising pressure from its citizens who are demanding more choice for automobile insurance.
Part a (1.5 points)
Provide and briefly explain three reasons that support maintaining the current public automobile insurance system.
Part b (1.5 points)
Provide and briefly explain three reasons that justify eliminating the public automobile insurance program and opening the market to private insurers.
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