There are three types of private insurers. Which of the following is a true statement about the different insurers?

There are three types of private insurers. Which of the following is a true statement about the different insurers?



a. An insurer that conducts business in states other than the state in which it was incorporated is an alien insurer.

(b.) An insurer that conducts business in countries that it was not incorporated in is an alien insurer.

c. An insurer that conducts business in countries that it was not incorporated in is a foreign insurer.

d. An insurer that conducts business in a foreign country is a domestic insurer.


Answer: B

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