Insurer Domicile Flashcards

1
Q

The jurisdiction where an insurance company is formed

A

Domicile

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2
Q

What are the terms for insurers that are authorized/unauthorized by the state’s commissioner to do business in a state

A

Admitted

Non Admitted

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3
Q

Finds coverage when the type or amount of insurance cannot be obtained from admitted insurers

A

Surplus lines insurance

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