Admitted Company

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Dictionary Says

Definition of 'Admitted Company'

An insurance company that is domiciled in one state but is admitted by another state to transact insurance business. Because insurance licenses are governed by the states, an insurance company must be licensed by each state where it intends to conduct business, and must comply with each state's insurance codes, including financial requirements.
Investopedia Says

Investopedia explains 'Admitted Company'

An insurance company is considered a "foreign," "alien" or "nonresident" company except in the state in which its primary offices are domiciled. In addition, any person selling insurance of an admitted company must be licensed in that particular state.
Search results for

'Admitted Company'

  • BP's Management: Will A Change Do The Company Good?

    http://stocks.investopedia.com/stock-analysis/2010/BPs-Management-Change-A-Good-Or-Bad-Thing-BP-MRK-UNH-BAC0727.aspx
    ... to executives at Merrill Lynch after the company was acquired by BAC in 2008. Although
    BAC agreed to pay a $33 million fine and neither admitted nor denied the ...

  • Hewlett-Packard Gains On Strength Of BRIC Business

    http://stocks.investopedia.com/stock-analysis/2008/Hewlett-Packard_Gains_On_Strength_Of_BRIC_Business_HPQ.aspx
    ... if the effects of currency are excluded, as the dollar weakened against the other
    currencies that the company does business in. Management admitted this effect ...

  • Don't Get Busted By A Back-Door Registration - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0511/Dont-Get-Busted-By-A-Back-Door-Registration.aspx
    ... In April 2011, the SEC admitted that a number of firms being listed are either ... SEC
    cannot go after the meat within the shell because the company resides abroad ...

  • Is The Market Right About Kohl's?

    http://stocks.investopedia.com/stock-analysis/2010/Is-The-Market-Right-About-Kohls-KSS-M-JCP-DDS-SHLD0816.aspx
    ... Prospects The company admitted its projections were conservative going
    forward. Despite the shortcomings in its quarterly report ...

  • Can You Count On Goodwill?

    http://www.investopedia.com/articles/fundamental/04/011404.asp
    ... An infamous example of a company having to reduce goodwill is AOL Time Warner, which
    admitted to investors that goodwill was overpaid for when AOL and Time ...

  • AIG Reduces Hot Air Emissions

    http://stocks.investopedia.com/stock-analysis/2008/AIG_Reduces_Hot_Air_Emissions_AIG.aspx
    ... Sullivan told investors that the company was fine to face the current crisis a year
    ago, but only in May admitted that the losses were bigger than expected. ...

  • Kellogg Reaps Pricing Benefits

    http://stocks.investopedia.com/stock-analysis/2011/Kellogg-Reaps-Pricing-Benefits-K-GIS-HSY-KO-CCE-HNZ-UNFI-KFT0804.aspx
    ... The company readily admitted that the quarter's results beat the year ago quarter
    due to easier comparisons, but that's not to disparage the results. ...

  • The Importance Of Your Credit Rating

    http://www.investopedia.com/articles/00/091800.asp
    ... In the end, after jumping though several fiery hoops, Paul was able to get the problem
    rectified, and the card company admitted fault and notified the credit ...

  • Toronto Dominion Bank's Impressive Quarter

    http://stocks.investopedia.com/stock-analysis/2010/Toronto-Dominion-Banks-Impressive-Quarter-TD-BAC-C-RY-BNS-BMO0909.aspx
    ... And as far as TD Bank's future business performance, the company admitted that the
    profits aren't expected to grow as fast as this quarter's did. ...

  • Kraft Feels The Pricing Pinch

    http://stocks.investopedia.com/stock-analysis/2011/Kraft-Feels-The-Pricing-Pinch-KFT-K-SLE-PG0215.aspx
    ... a result, Kraft admitted that 2011 growth and profitability will likely be affected
    by the need to raise prices in a weak consumer environment. The company now ...

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