Across
- 4. An insurer doing business in the jurisdiction in which it is incorporated
- 5. A situation in which an entity's current liabilities exceed it current assets
- 7. The amount stockholders paid in excess of the par value of the stock.
- 9. A balance sheet value that represents the amount of funds a corporation's stockholders have contributed through the purchase of stock
- 11. An insurer domiciled in a country other than the U.S.
- 12. The manner of handling claims that requires an insurer to give consideration to the insure's interests that is at least equal to the consideration it gives to its own interests
- 13. An insurer licensed to operate in a state but incorporated in another
- 14. An association of insurance commissioners who coordinates insurance regulation among state insurance departments
Down
- 1. A draft regulation that may be implemented by a state insurance department if the model law is passed
- 2. A breach of the duty of good faith and fair dealing
- 3. A document drafted by the NAIC that reflects the NAIC's proposed solution to a given problem or issue
- 6. A state-established fund to pay claims of insolvent insurers licensed in that state.
- 8. An insurer owned by its policyholders and managed by an attorney-in-fact where members mutually insure each other
- 10. An independent organization that works with and on behalf of insurers that subscribes to its services