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Business, 18.03.2021 01:20 nickboy52210

Early one morning, a car crashed through the plate glass window of Monique's ice cream shop, causing substantial damage. Fortunately no one was in the shop at that hour. Monique's commercial property insurer, AllCo paid her claim promptly, allowing Monique to repair the damage. Subsequently, AllCo pursued a claim against driver who caused the accident, through his auto insurer. The auto insurer eventually paid AllCo the full amount they had provided to Monique. This situation is an example of what concept

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