The Law Dictionary

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ADMITTED INSURER Definition & Legal Meaning

Definition & Citations:

An INSURER that is authorized to write INSURANCE business in a particular state or jurisdiction; the contracts it offers are classified as ADMITTED INSURANCE. Also know as AUTHORIZED INSURER, LICENSED CARRIER. See also NONADMITTED INSURER. ADR See AMERICAN DEPOSITORY RECEIPT. ADS See AMERICAN DEPOSITORY SHARE. ADVANCE See LOAN.

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