Multiple line insurance operation Answer has been the dominant form of operation

Question

Multiple line insurance operation Answer has been the dominant form of operation in the American insurance industry since about the time of the civil war. must include the combination of property insurance, liability insurance, life insurance, and health insurance by a single insurance company. was retarded primarily by the reluctance of insurance companies to engage in such operations. extends the concept of diversification to the insurance field, permitting the combination of property and liability insurance by a single company. none of the above.

Explanation / Answer

must include the combination of property insurance, liability insurance, life insurance, and health insurance by a single insurance company.

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