Exam term
Reciprocal (interinsurance) exchange
An organization in which subscribers insure one another through an attorney-in-fact rather than through a traditional insurance company.
Lessons that use this term
- Insurer types, CDI/DMHC jurisdiction, and market regulation California
- Insurance entity definitions Florida
- Insurer types, admitted and domicile status, financial ratings, and distribution systems New York
- Insurance entity definitions: certificate of authority, transacting insurance, and organization types Texas