Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
greenleafjacob
on Aug 20, 2016
|
parent
|
context
|
favorite
| on:
Deutsche Bank Whistle-Blower Spurns $8M SEC Reward
In general this is called adverse selection, and to the extent that the insured can affect the probability of the loss, the risk is not insurable so these clauses are existentially necessary for the insurer [1].
[1]:
https://en.wikipedia.org/wiki/Insurable_risk
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search:
[1]: https://en.wikipedia.org/wiki/Insurable_risk