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Simple English definitions for legal terms

Insurance - State statutes

Read a random definition: Office of Special Counsel

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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WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
soapy
9:43
USC still has not looked at my app
WorthlessAttractiveZombie
9:43
when did you submit soapy?
soapy
9:44
10/16
WorthlessAttractiveZombie
9:44
to be fair it took them almost 2 months for me to go under review
soapy
9:44
Feelin a bit stressed, as I've got no date change for Michigan either despite applying 10/7
WorthlessAttractiveZombie
9:45
I have not had a date change either for Mich but I've seen people get in without one so who knows
I applied 9/25 to like 6 schools and some (Houston) have no date change yet so dw
soapy
9:46
But do people get in without addresses going long?
WorthlessAttractiveZombie
9:46
it's tough to tell because a lot of people type out their addresses long to begin with
soapy
9:46
Ah. I didn't. Looking back, my Mich supplement kind of sucks, so there's that
Mich overrated (Dean Z please let me in even tho i didnt apply and I am below both 25ths)
ClassyPleasantHeron
10:01
The "date changes" at Michigan really don't mean anything. We had to do them in undergrad admissions whenever a Georgia applicant picked the country instead of the state, because we'd have to remove the TOEFL requirement and reassign the application from the international application readers.
soapy
10:06
Classy, does that mean they may look at your application, and that look doesn't necessarily trigger any date change?
1a2b3c4d26z
10:06
Man
1a2b3c4d26z
10:07
Walkin to the bus
1a2b3c4d26z
10:07
What a good day to get into law school
ClassyPleasantHeron
10:11
@soapy: I don't know for sure about the law school. For undergrad, once the application is complete, it's assigned to a reader the following Monday. If we had to make any changes, it's because a reader saw something that needed to be changed and the application needed to be re-read after that change.
soapy
10:12
Ahh, got it. Thank you for the insight!
ClassyPleasantHeron
10:14
You're welcome. FWIW, I have no idea what's up with the address changes. We didn't have to do any of that, except for the Georgia state vs country kinds of things.
soapy
10:15
I've heard it theorized that some schools will change the address from "St." --> "Street" as they prepare to send out admissions packets. That's the rumor, anyways.
i think it just indicates a change in status like under review or stages of review
my stanford address went long as soon as it was marked complete lmao
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