For purposes of this subchapter, the following definitions shall apply:
(2) Domicile
The term “domicile” means the State in which an insurer is incorporated, chartered, or organized.
(4) Institution
The term “institution” means a corporation, joint stock company, limited liability company, limited liability partnership, association, trust, partnership, or any similar entity.
(5) Licensed State
The term “licensed State” means any State, the District of Columbia, any territory of the United States, Puerto Rico, Guam, American Samoa, the Trust Territory of the Pacific Islands, the Virgin Islands, and the Northern Mariana Islands in which the redomesticating insurer has a certificate of authority in effect immediately prior to the redomestication.
(7) Person
The term “person” means an individual, institution, government or governmental agency, State or political subdivision of a State, public corporation, board, association, estate, trustee, or fiduciary, or other similar entity.
(8) Policyholder
The term “policyholder” means the owner of a policy issued by a mutual insurer, except that, with respect to voting rights, the term means a member of a mutual insurer or mutual holding company granted the right to vote, as determined under applicable State law.
(12) State insurance regulator
The term “State insurance regulator” means the principal insurance regulatory authority of a State, the District of Columbia, any territory of the United States, Puerto Rico, Guam, American Samoa, the Trust Territory of the Pacific Islands, the Virgin Islands, and the Northern Mariana Islands.
(13) State law
The term “State law” means the statutes of any State, the District of Columbia, any territory of the United States, Puerto Rico, Guam, American Samoa, the Trust Territory of the Pacific Islands, the Virgin Islands, and the Northern Mariana Islands and any regulation, order, or requirement prescribed pursuant to any such statute.
Alabama | 49 | 1,498 | 0 | 11 | 1,558 |
Alaska | 6 | 1,137 | 0 | 0 | 1,143 |
Arizona | 135 | 1,616 | 25 | 26 | 1,802 |
Arkansas | 55 | 1,518 | 0 | 1 | 1,574 |
California | 131 | 1,280 | 0 | 43 | 1,454 |
Colorado | 50 | 1,504 | 9 | 41 | 1,604 |
Connecticut | 102 | 1,271 | 0 | 35 | 1,408 |
Delaware | 139 | 1,385 | 0 | 116 | 1,640 |
D.C. | 47 | 1,355 | 0 | 15 | 1,417 |
Florida | 437 | 1,651 | 14 | 48 | 2,150 |
Georgia | 71 | 1,629 | 36 | 0 | 1,736 |
Hawaii | 45 | 1,116 | 10 | 3 | 1,174 |
Idaho | 19 | 1,376 | 17 | 2 | 1,414 |
Illinois | 340 | 1,416 | 12 | 163 | 1,931 |
Indiana | 134 | 1,665 | 22 | 20 | 1,841 |
Iowa | 207 | 1,419 | 3 | 0 | 1,629 |
Kansas | 45 | 1,541 | 17 | 13 | 1,616 |
Kentucky | 52 | 1,563 | 10 | 0 | 1,625 |
Louisiana | 104 | 1,501 | 23 | 2 | 1,630 |
Maine | 22 | 1,197 | 18 | 1 | 1,238 |
Maryland | 56 | 1,513 | 5 | 12 | 1,586 |
Massachusetts | 78 | 1,386 | 21 | 4 | 1,489 |
Michigan | 125 | 1,413 | 16 | 11 | 1,565 |
Minnesota | 145 | 1,405 | 20 | 22 | 1,592 |
Mississippi | 45 | 1,536 | 0 | 3 | 1,584 |
Missouri | 181 | 1,546 | 12 | 10 | 1,749 |
Montana | 34 | 1,412 | 0 | 4 | 1,450 |
Nebraska | 114 | 1,473 | 6 | 5 | 1,598 |
Nevada | 39 | 1,567 | 8 | 5 | 1,619 |
New Hampshire | 60 | 1,237 | 0 | 0 | 1,297 |
New Jersey | 119 | 1,356 | 51 | 22 | 1,548 |
New Mexico | 32 | 2,604 | 0 | 0 | 2,636 |
New York | 555 | 1,179 | 8 | 86 | 1,828 |
North Carolina | 96 | 1,509 | 3 | 5 | 1,613 |
North Dakota | 29 | 1,377 | 10 | 2 | 1,418 |
Ohio | 258 | 1,539 | 0 | 25 | 1,822 |
Oklahoma | 83 | 1,741 | 4 | 5 | 1,833 |
Oregon | 44 | 1,453 | 0 | 5 | 1,502 |
Pennsylvania | 238 | 1,596 | 13 | 33 | 1,880 |
Rhode Island | 29 | 1,335 | 1 | 24 | 1,389 |
South Carolina | 84 | 1,558 | 0 | 11 | 1,653 |
South Dakota | 38 | 1,417 | 0 | 0 | 1,455 |
Tennessee | 70 | 1,623 | 3 | 8 | 1,704 |
Texas | 406 | 1,614 | 2 | 48 | 2,070 |
Utah | 112 | 1,812 | 0 | 12 | 1,936 |
Vermont | 109 | 1,197 | 0 | 9 | 1,315 |
Virginia | 67 | 1,575 | 14 | 13 | 1,669 |
Washington | 37 | 1,438 | 0 | 9 | 1,484 |
West Virginia | 32 | 1,412 | 1 | 2 | 1,447 |
Wisconsin | 333 | 1,668 | 0 | 7 | 2,008 |
Wyoming | 4 | 1,435 | 1 | 1 | 1,441 |
Total U.S. (3) | 5,929 | (4) | 415 | 943 | 7,287 |
(1) Insurers that are domiciled in the state. Includes property/casualty, life/annuities, health, fraternal, title, risk retention groups and "other".
(2) This category is comprised of insurers designated by the NAIC as "foreign insurers"—i.e., insurers whose state of domicile is other than the state in which it is writing business. There is no U.S. total in this column to avoid double counting—i.e., insurers are only included in the figures for states in which they
are domiciled.
(3) Totals include U.S. territories and possessions.
(4) No totals shown, so as to avoid double counting. Totals reflect insurers physically located in the state.
Source: Insurance Department Resources Report, 2020, published by the National Association of Insurance Commissioners (NAIC). Reprinted with permission. Further reprint or redistribution strictly prohibited without written permission of NAIC.