An insurer located outside of a state but operating within that state is referred to as a(n) ___________ insurer.

An insurer located outside of a state but operating within that state is referred to as a foreign insurer. This term is used to describe insurance companies that are chartered in one state and do business in another. For instance, if an insurance company is incorporated in Texas but provides insurance services in Florida, it is considered a foreign insurer in Florida. The terminology reflects the legal and regulatory distinctions made in the insurance industry regarding the location and operation of the insurer.

Understanding the classification of insurers is important for adjusters because it affects regulations, licensing requirements, and the legal framework under which the insurer operates in the state. In contrast, an alien insurer would be one that is incorporated outside of the United States entirely, and a domestic insurer is one that is incorporated within the specific state in question. A national insurer is not a commonly used term in this context, as it generally does not define a different category in regulatory terms.