Florida Insurance Claims Adjuster License Practice Exam

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What is a Foreign Insurer?

  1. An insurer formed under international laws

  2. An insurer formed under the laws of any state other than this State

  3. An insurer that only offers foreign insurance policies

  4. An insurer formed under the laws of this state

The correct answer is: An insurer formed under the laws of any state other than this State

A Foreign Insurer is an insurer that is formed under the laws of any state other than the particular state in question. This means that options A and D are incorrect as option A refers to international laws and option D refers to the laws of the particular state. Additionally, option C is incorrect as it states that the insurer only offers foreign insurance policies, which is not necessarily the case.

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