Which of the following is NOT the kind of public entity risk pools?
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A. B. C. D.A
Public entity risk pools are risk management organizations that provide coverage to public entities, such as municipalities, school districts, and other governmental entities. These risk pools help these public entities manage risks and protect against losses.
There are four primary types of public entity risk pools, which include:
A. Risk-avoiding pools: These pools are designed to help public entities minimize or avoid risks altogether. Risk-avoiding pools typically provide services such as risk assessments, loss prevention, and safety training to their members.
B. Insurance-purchasing pools: These pools allow public entities to purchase insurance coverage collectively, which can help them obtain better rates and coverage terms than they could on their own. Insurance-purchasing pools may also provide additional services such as claims management and risk assessments.
D. Claim-serving pools: These pools are responsible for managing claims on behalf of their members. Claim-serving pools may provide services such as claims investigation, claims processing, and litigation management.
Therefore, the answer to the question is C. Banking pools, as there is no such thing as a public entity risk pool that specializes in banking.