Adverse selection is a phenomenon wherein the insurer is confronted with the probability of loss due to risk not factored in at the time of sale. Definition: Adverse selection is a phenomenon wherein the insurer is confronted with the probability of loss due to risk not factored in at the time of sale.
Acton, Montana. Acton is an unincorporated community in northwestern Yellowstone County, Montana, United States. It has a postal ZIP code (59002) and lies along Montana Highway 3 northwest of the city of Billings, the county seat of Yellowstone County. Its elevation is 3,802 feet (1,159 m), and it is located at coordinates |45|55|50|N|108|40|51|W|.
Central Acton is synonymous with the hub of commerce and retail on the former main road between London and Oxford (the Uxbridge Road), a reminder of its history is in its inns, which date back in cases to the late Tudor period as stopping places for travellers.