foreign insurer

An insurance company housed in a different state than the one the insured’s policy is written in.
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From the U.S. perspective, an insurer domiciled in the United States but outside the state in which the insurance is to be written. In effect, it is a domestic insurer doing business outside of the state in which it is domiciled.
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Insurer domiciled in a country other than the one where the insured exposure is located. Contrast with “Alien Insurer.”
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MEDICAL,USA,REFERENCE See: foreign company .

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