This topic contains a solution. Click here to go to the answer

Author Question: An insurance company chartered in another country has been licensed to operate in your state. In ... (Read 39 times)

jasdeep_brar

  • Hero Member
  • *****
  • Posts: 569
An insurance company chartered in another country has been licensed to operate in your state. In your state, the insurer would be considered a(n)
 
  A) nonadmitted insurer.
  B) foreign insurer.
  C) alien insurer.
  D) reciprocal insurer.

Question 2

Which of the following is considered a nonadmitted asset for an insurer?
 
  A) cash
  B) preferred stocks
  C) real estate
  D) office furniture



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

JCABRERA33

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

Answer: C

Answer to Question 2

Answer: D




jasdeep_brar

  • Member
  • Posts: 569
Reply 2 on: Jul 11, 2018
Excellent


elyse44

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

For a complete list of videos, visit our video library