An insurance company that has qualified and received a Certificate of Authority from the Insurance Department to sell insurance in this state is called a(n)

Insurance

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An insurance company that has qualified and received a Certificate of Authority from the Insurance Department to sell insurance in this state is called a(n)

Options

a) fraternal organization
b) nonadmitted insurer
c) unauthorized insurer
d) authorized insurer

Answer: d) authorized insurer

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