Question

In Florida, an insurer licensed to conduct business in Florida, but domiciled in New Jersey, is called a(n)

A) Domestic company
B) Foreign company
C) Alien company
D) Interstate company

Answer 1

A foreign company is an insurer licensed to conduct business in Florida but domiciled in another state.

Step-by-step explanation:

In Florida, an insurer licensed to conduct business in Florida but domiciled in New Jersey is called a foreign company.