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Insurance Glossary

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  • Zone System:
    A system developed by the National Association of Insurance Commissioners for the examination of insurers. Under this system, teams of examiners are formed from several states in each of the geographical zones. Results of their examinations are then accepted by all states in which an insurer is licensed, without each state having to conduct their own individual examinations.

 
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Insurance Glossary is Copyrighted By Richard H. Reynolds.
Insurance Network of America Uses This Glossary By Permission.

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