What is the term for an insurer that is domiciled outside the state where it writes insurance?

The term for an insurer that is domiciled outside the state where it writes insurance is a foreign insurer. In the insurance industry, the classification of insurers is based on their location relative to the state in which they operate. A foreign insurer is one that is incorporated in one state but is authorized to do business in another state.

This classification helps to identify the geographical scope of the insurer's operations and regulatory compliance. On the other hand, a domestic insurer is one that is incorporated and operates within the same state, while a national insurer typically refers to an insurer that operates across multiple states but may not specify its domicile in the same way. Specialty insurers focus on niche markets but do not specifically relate to the concept of domicile and operational state. Understanding these classifications is crucial for public adjusters to navigate insurance regulations and deal effectively with various insurers.