Admitted insurer definition

Admitted insurer or "authorized insurer" means an insurer:
Admitted insurer means an insurer licensed to do business in this State.
Admitted insurer means an insurer licensed to engage in the business of insurance in this State.

Examples of Admitted insurer in a sentence

  • All insurances shall be with a California Admitted insurer, with a rating of A or better, as rated by the current edition of Best's Key Rating Guide, published by A.M. Best Company, Oldwick, New Jersey 08858 and authorized to conduct business in the State of California.


More Definitions of Admitted insurer

Admitted insurer means an insurer that is licensed, or authorized, to transact the business of insurance under the law of the Home State; for purposes of this Compact "Admitted Insurer" shall not include a domestic surplus lines insurer as may be defined by applicable State law.
Admitted insurer means, with respect to a state, an
Admitted insurer means an insurer possessing a certificate of authority to transact business in this state issued by the commissioner pursuant to section 3361 of this title.
Admitted insurer means an insurer that is licensed, or authorized, to transact the
Admitted insurer means an insurer possessing a certificate of authority licensed to transact business in this State issued by the Commissioner pursuant to section 3361 of this title. For purposes of this chapter, “admitted insurer” shall not include a domestic surplus lines insurer.
Admitted insurer means an insurer possessing a certificate of
Admitted insurer means an insurer licensed to engage in the business of insurance