The expected loss potential is more difficult to determine with low-severity, high-frequency events.

An alien insurance company is:

a. One formed in Great Britian. b. One formed in Florida. c. One formed New York. d. One formed in Chicago and Atlanta.

Statewide branch banking:

a. is prohibited in all 50 states b. means that branch systems are less likely to fail than independent systems c. permits banks to be located within a geographically defined distance of the main office d. none of the above