ACRR Practice Questions - ACRR Associate In Catastrophe Risk And Resiliency Exam

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Property Claim Services (PCS), a Verisk unit, designates an event as a U.S. catastrophe when industry insured losses are projected to exceed which threshold?

$$5 million across one or more states $$25 million across one or more states $$100 million in a single state $$1 billion nationwide

Correct Answer:

$$25 million across one or more states

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