L&HMAmedium
For Massachusetts insurance admission purposes, which classification best describes an insurer organized under the laws of Connecticut but admitted to transact life insurance in Massachusetts?
ADomestic insurer
Foreign insurer
CAlien insurer
DUnauthorized insurer
Why this is the answer
In Massachusetts, a domestic insurer is incorporated under MA law, a foreign insurer is incorporated under the laws of another U.S. state and admitted in MA, and an alien insurer is incorporated outside the United States.
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