Are you looking for the correct answer to the question “An insurer not authorized to transact business in the state because it either did not seek admission to the state or failed to comply with state requirements is called a what?”? If that’s the case, you don’t have to worry anymore. AzAnswer team is here with the right answer to your question. Please check below to know the answer.
An insurer not authorized to transact business in the state because it either did not seek admission to the state or failed to comply with state requirements is called a what?
Options
a. Foreign Insurer
b. Surplus Insurer
c. Alien Insurer
d. Non-admitted Insurer
Answer: D
The above question An insurer not authorized to transact business in the state because it either did not seek admission to the state or failed to comply with state requirements is called a what?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.
