ASLI Practice Questions - Associate In Surplus Lines Insurance (ASLI) Exam

Under the NRRA, how is a corporate insured's 'home state' generally defined?

The state of incorporation The state where the insured's principal place of business is located The state where the largest portion of the risk is located The state where the surplus lines broker is licensed

Correct Answer:

The state where the insured's principal place of business is located

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