Final answer:
The 'orange blank' refers to an annual financial statement used in the insurance industry, characterized by its orange cover, which details a company's financial condition.
Step-by-step explanation:
The “orange blank” is a term used in the insurance industry to refer to the annual statement that insurance companies are required to file with each state's insurance department. This document is comprehensive and provides detailed information on an insurance company's financial condition, including its assets, liabilities, income, and expenses. The name “orange blank” comes from the color of the cover of the document, which traditionally is orange. These filings are used by regulators to ensure the solvency and financial strength of insurance companies, thereby protecting policyholders and maintaining trust in the insurance system.