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Simple English definitions for legal terms

Insurance - State statutes

Read a random definition: Promissory note

A quick definition of Insurance - State statutes:

Each state in the United States has its own set of laws and regulations regarding insurance. These laws are called state statutes. They outline the rules that insurance companies and policyholders must follow. For example, they may require insurance companies to provide certain types of coverage or prohibit them from engaging in certain practices. It's important to be aware of your state's insurance statutes if you're buying insurance or filing a claim. You can find your state's statutes by searching for the title or chapter number on the state's official website.

A more thorough explanation:

Definition: State statutes refer to the laws and regulations that govern the insurance industry in each state. These statutes outline the requirements for insurance companies, agents, and policyholders, and provide guidelines for how insurance policies should be written, sold, and administered.

For example, in California, the state statutes (Title 10) outline the requirements for insurance companies to obtain a license to operate in the state, the types of insurance policies that can be sold, and the minimum coverage amounts for certain types of insurance, such as auto insurance.

Similarly, in New York, the state statutes (Insurance) provide guidelines for how insurance policies should be written, including the required disclosures and provisions that must be included in the policy.

These examples illustrate how state statutes provide a framework for the insurance industry to operate within each state, ensuring that insurance companies and agents are held to certain standards and that policyholders are protected.

insurance | insurance fraud

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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