Common Contracts

3 similar null contracts

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Contract
May 5th, 2020
  • Filed
    May 5th, 2020

5/9/2017 Agreement related to nonadmitted insurance taxes. As used in this section: "Agreement" means a cooperative agreement, reciprocal agreement, or compact with one or more other states. "Home state," except as provided in Subsections (1)(b)(ii) and (iii), with respect to an insured, means: the state in which the insured maintains its principal place of business or, in the case of an individual, the individual's principal residence; or if 100% of the insured risk is located out of the state described in Subsection (1)(b)(i)(A), the state to which the greatest percentage of the insured's taxable premium for that insurance contract is allocated. If more than one insured from an affiliated group are named insureds on a single nonadmitted insurance contract, "home state" means the home state determined under Subsection (1)(b)(i) of the member of the affiliated group that has the largest percentage of premium attributed to it under the nonadmitted insurance contract. When a group policy

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