DEF insurer is nonadmitted. All of the following are possible explanations for why DEF insurer cannot sell insurance in a state EXCEPT:

DEF insurer is nonadmitted. All of the following are possible explanations for why DEF insurer cannot sell insurance in a state EXCEPT:



a. DEF has been denied licensure.

(b.) DEF sells excess and surplus lines insurance.

c. DEF has not applied for a license.

d. DEF is not licensed.



Answer: B

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