If an insurer meets the state's financial requirements and is approved to transact business in the state, it is considered to be

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If an insurer meets the state's financial requirements and is approved to transact business in the state, it is considered to be

a. Qualified.
b. Approved.
c. Authorized.
d. Certified.

Answer: ( C )

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A type of group that has a constitution and bylaws and has been organized for purposes other than obtaining insurance is called a(n)
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The voluntary relinquishment of a legal right is called
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