insurance law

Question Details: Do state insurance laws make it hard for insurance companies to compete across state lines?

Asked 8/18/2009 under Insurance Law | 246 View(s) | More Legal Topics

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Insurance Law Law Answers

I am not admitted in Louisiana.  Each state has its owns guidelines and requirements.  As long as the insurance company complies with the insurance department it can write the risks.  But the problem becomes a business one: spreading yourself too thin and having the assets to cover losses in an emergency. 

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