Unauthorized insurer definition

Unauthorized insurer means an insurance institution that has not been granted a certificate of authority by the commissioner to transact the business of insurance in this state."
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Unauthorized insurer means unauthorized insurer as the
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Unauthorized insurer means an insurer that does not hold
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Examples of Unauthorized insurer in a sentence

  • Unauthorized insurer" means, with respect to a state, an insurer not authorized to transact the business of insurance in the state.

  • Unauthorized insurer" means an insurer not authorized pursuant to 33-2-101 to transact insurance in this state.

  • A violation of this rule shall be considered an unfair trade practice under Iowa Code chapter 507B and subject to the penalties contained in that chapter.48.12(2) Unauthorized insurer.


More Definitions of Unauthorized insurer

Unauthorized insurer or "nonadmitted insurer" means an insurer that has not been granted a certificate of authority by the commissioner to transact the business of insurance in this state or an insurer transacting business not authorized by a valid certificate.
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Unauthorized insurer means an insurer that does not hold a valid certificate of authority issued by the Director but, for the purposes of this Section, shall also include a domestic surplus line insurer as defined in Section 445a. (1.5) Procuring surplus line insurance; surplus line insurer requirements. (a) Insurance producers may procure surplus line
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Unauthorized insurer means an insurance institution that has not been granted a certificate of authority by the superintendent of insurance to transact the business of life, health, or disability insurance in this state.
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Unauthorized insurer or "nonadmitted insurer" means an
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Unauthorized insurer means an insurer which does not possess a certificate of authority to do business in the state.
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Unauthorized insurer means an insurer that is neither licensed to issue insurance in Rhode Island nor on the Insurance Commissioner’s list of Approved Surplus Line Insurers.
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Unauthorized insurer means an insurer doing the
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