One method of risk identification the author refers to the article

One method of risk identification the author refers to the article

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39 1 1. One method of risk identification the author refers to the article “Arranging Insurance for Health Clubs” is physical inspection. In the case of any club that situated in building more than 25 years ago, they inspect the building to see if the roofing, plumbing. .etc are working properly. Because in an old building, the chance that these wiring…are defected is very high which increases the frequency of fire and the severity of damage it causes. 2. In the article “ A batman cape won’t help you fly”, the method used to generate the list of warnings on the Snow Works Super Boggen is Statistical analysis of past losses (historical loss data) because the company lawyers drew up the warning based on emergency room records, consumer surveys and past legal history. 3. Property loss exposure faced by the circus is traveling. Since the Ringling circus has to travel to many place by train, the chance that terrible natural disasters like tornado, hurricane or earthquake hit the train is possible especially in Florida. Moreover,
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This homework help was uploaded on 04/20/2008 for the course RISK MANAG 2101 taught by Professor Drennan during the Spring '07 term at Temple.

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One method of risk identification the author refers to the article

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