There have been a series of large judgments in product liability cases against companies producing hair dryers. If this trend continues, insurance companies will respond by ________ the premiums charged for liability insurance for hair dryer manufacturers.

A. canceling
B. lowering
C. underwriting
D. increasing

D. increasing

Business

You might also like to view...

Bennett's Platinum Rule states:

a. do unto others as you would have them do unto you. b. do unto others as they would have done unto them. c. do unto others before they do unto you. d. he who holds the gold makes the rules.

Business

Which of the following statements are accurate regarding employee handbooks?

A) They are formal documents describing basic information about the organization. B) They are used primarily for orienting new employees. C) Statements in employee handbooks are not legally binding. D) Handbooks are not widely used today, having been replaced by the intranet.

Business