Definitions for "UNAUTHORIZED INSURER"
In the United States, an insurer that does business in a particular state without becoming licensed to do business in that state in accordance with that state's law. Also known as nonadmitted insurer.
An insurance company not licensed to do business in a particular state. (See also: nonadmitted company.)
An insurer not licensed or authorized to do business of insurance in this state. See Non-admitted Insurer.