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|.
The foothill range of eastern Tehama County has been utilized for livestock since the early 1800s. The area is strictly a winter and spring range, yet for many years homesteaders and small landowners ran their stock year-long. Until recent times, extreme damage to the range occurred during adverse climatic conditions.