Mutual insurer definition

Mutual insurer means a domestic mutual property and casualty insurance company organized and licensed under chapter 515.
Mutual insurer means a business entity without capital stock and with a governing body elected
Mutual insurer means a domestic mutual insurer into which a

Examples of Mutual insurer in a sentence

  • Mutual insurer with its own distribution network providing insurance for individuals and leading mutual for French public- sector employees.

  • PROPERTY Mutual insurer with its own distribution network providing general personal and commercial lines insurance.

  • Mutual insurer with tied agents providing multi- specialist insurance for individuals, small and large businesses, non-profits and local authorities.


More Definitions of Mutual insurer

Mutual insurer means a domestic mutual insurer into which a health service corporation transitions in accordance with the provisions of P.L.1995, c.196 (C.17:48E-45 et seq.).
Mutual insurer means an incorporated insurer without capital stock and the governing body of which is elected by its policyholders, except certain foreign insurers which the commissioner finds to be organized on the mutual plan under the laws of their state or province of domicile, but having temporary share capital or providing for election of the insurer's governing body on a reasonable basis by members or by policyholders and others are not excluded as mutual insurers;
Mutual insurer means any insurer without capital stock, the
Mutual insurer means an incorporated insurer without capital stock or shares
Mutual insurer means a business entity without capital stock and with a governing body elected by the policyholders.
Mutual insurer means a company which by its constitution only policy holders are members of the company and which has no share capital;
Mutual insurer means any insurance company without capital stock, the managing directors or officers of which are elected by its members.