An insurance company organized in Pennsylvania, with its home office in Philadelphia, is licensed to conduct business in New York. In New York, this company is classified as a(n)

An insurance company organized in Pennsylvania, with its home office in Philadelphia, is licensed to conduct business in New York. In New York, this company is classified as a(n)




A) domestic company.

B) alien company.

C) regional company.

D) foreign company.



Answer: D

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