This organization is licensed in one state and may insure members in other states consisting of a large number of similar units with similar risk exposures such as theme parks, go-cart tracks, or water slides is known as a(n) _________.

This organization is licensed in one state and may insure members in other states consisting of a large number of similar units with similar risk exposures such as theme parks, go-cart tracks, or water slides is known as a(n) _________.


A

Reciprocal Insurance Company

B

Fraternal Benefit Association

C

Risk Retention Group

D

Lloyd's of London Association



Answer: C

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