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.
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Acton, CA has a population of 7,058 people with a median age of 47.5 and a median household income of $89,150. Between 2014 and 2015 the population of Acton, CA grew from 6,956 to 7,058, a 1.47% increase and its median household income declined from $92,245 to $89,150, a -3.36% decrease.