Nonadmitted insurer definition

Nonadmitted insurer means an insurer not licensed to do an insurance business in this State.
Nonadmitted insurer means, with respect to a state, an
Nonadmitted insurer means an insurer not licensed to do insurance business in this state. “Nonadmitted insurer” does not include a risk retention group as defined in chapter 515E.

Examples of Nonadmitted insurer in a sentence

  • Nonadmitted insurer'' means an insurer not licensed to engage in the business of insurance in this State.

  • Nonadmitted insurer" means an insurer not licensed to do an insurance business in this State.

  • A foreign insurer with less than the minimum required capital and surplus may make formal request of the Commissioner that they be given consideration for approval as an Eligible Nonadmitted insurer.

  • Nonadmitted insurer: with respect to a state, an insurer not licensed to engage in the business of insurance in such state (15 U.S.C. §8206 (11)(A)).

  • Nonadmitted insurer" means an insurer that is not authorized or admitted to transact the business of insurance in Kentucky.


More Definitions of Nonadmitted insurer

Nonadmitted insurer. ' means an insurer not licensed to engage in the business of insurance in this State. "Nonadmitted insurer" does not include a risk retention group, as that term is defined in section 6093, subsection 13.
Nonadmitted insurer means an insurer not licensed to engage in the business of insurance in this state but does not include a risk retention group as defined in paragraph 4 of subdivision a of section 2 of the Liability Risk Retention Act of 1986 [15 U.S.C. 3901(a)(4)].
Nonadmitted insurer means an insurer not licensed to engage in the business of
Nonadmitted insurer means an insurer that is not authorized or admitted to transact the business of insurance under the law of the home state.
Nonadmitted insurer means an insurer not licensed to do an insurance business in this State. "Nonadmitted insurer" includes insurance exchanges authorized under the laws of various states. "Nonadmitted insurer" does not include a risk retention group, as defined in G.S. 58-22-10(10).
Nonadmitted insurer means an insurer not licensed to do an insurance
Nonadmitted insurer means an insurer that is not authorized or admitted to transact