Producer Josh never tires in encouraging insureds to adopt and sustain a robust and measurable risk management program. As part of this effort, which one of the following will Josh find is true? 1) Insureds who have a risk management program in place are less likely to experience losses. 2) Insureds who have a risk management program in place are more likely to experience losses. 3) Insureds who have a risk management program in place have no impact on their likelihood of experiencing losses. 4) Insureds who have a risk management program in place have the same likelihood of experiencing losses as those who do not have a program.
