Problem
i. Should insurance companies spread the risk amongst all of their policyholders as is often done in automobile insurance or is there better way to deal with the matter of risk? Describe how this might be accomplished and argue why this is a good or bad practice.
ii. How do the constructs discussed above relate to our discussion last week? How are they linked? What makes them different?
iii. Describe one of the sources in the required reading that was most on point to our work this week. Why was it?
iv. Research a local incident (US East Coast) that has occurred within the last 6 months that relates to this week's material. Be specific in describing how.