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Authorized Insurer

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Authorized Insurer
A company that has received a license in a U.S. state to sell insurance in that state. Because each state has its own insurance regulations, each has the ability to set standards for authorized insurers. An insurance company operating in multiple states must be an authorized insurer in each state it does business.


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Life Insurance Company of the Southwest is not an authorized insurer in New York and does not conduct insurance business in New York.
Currently, eligibility for E&S coverage in Florida requires that the procuring agent seek three rejections from authorized insurers writing this type of coverage and document these rejections on a diligent-effort form.
It is a federally authorized insurer domiciled in the state of Nevada.
 
 
 
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