1. Refer to the article, Arranging Insurance for Health Clubs (6 points)
Refer to the steps in the Risk Management Process discussed in class. Identify how each step (there are six) is being addressed by the agents writing policies on high risk health clubs.

2. Refer to the article Warning: A Batman Cape Won't Help You Fly.
What loss exposure identification method was used to generate the list of warnings on the Snow Works Super Boggen? Explain your answer. [5 points]

4. Refer to the article Risks Under the Big Top.
Give an example of each one of the following loss exposures faced by the circus: Property loss exposure, Liability loss exposure, Net Income loss exposure and Personnel loss exposure.
In each case, you should give the example AND briefly explain why your answer is an example of the loss exposure in question. This is fairly obvious in some cases and not so obvious in others. [4 points]