Nonlicensed insurers are permitted to sell insurance only if:
A) no licensed company is willing to provide the coverage.
B) they pay the nonlicense operation penalty to the commissioner of insurance.
C) they conduct a joint venture with a licensed insurance firm.
D) they are licensed in atleast five other states.
E) the commissioner of insurance specifically permits it.
Correct Answer:
Verified
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A)Self-insurance
B)Risk
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A)alien
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