Admitted insurer
Term · Insurance and risk management · MLC-T-INS-000341
An insurance company authorized by a state's department of insurance to conduct business within that state. Such insurers must comply with state regulations regarding policy forms, rates, and financial solvency. Policyholders of admitted insurers are protected by state guaranty associations if the insurer becomes insolvent.
| Identifier | MLC-T-INS-000341 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-000341",
"term": "Admitted insurer",
"field": "Insurance and risk management",
"definition": "An insurance company authorized by a state's department of insurance to conduct business within that state. Such insurers must comply with state regulations regarding policy forms, rates, and financial solvency. Policyholders of admitted insurers are protected by state guaranty associations if the insurer becomes insolvent.",
"url": "https://mlchart.com/terminology/insurance/admitted-insurer/"
}
Record 74 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.