Question

An insurance company licensed in Georgia and domiciled in Pennsylvania is known as?

1) Georgia Insurance Company
2) Pennsylvania Insurance Company
3) Domiciled Insurance Company
4) None of the above

Answer 1

A Pennsylvania-domiciled insurance company that is licensed to operate in Georgia would typically be referred to as a Pennsylvania Insurance Company based on its place of incorporation or head office.

Step-by-step explanation:

An insurance company that is licensed in Georgia but has its primary place of business or is incorporated in Pennsylvania is referred to as a foreign insurance company from the perspective of Georgia. The correct term for this insurance company would depend on the context but based on the options provided in the question, the closest answer would be 'Pennsylvania Insurance Company' since the location of domicile for insurance companies often dictates the primary identifier.