nonadmitted insurer
Defined in 1 dictionary — U.S. Code
United States Code
15 U.S.C. § 8206 — for purposes of this subchapter (2 versions over time)
The term “nonadmitted insurer”—
(A) means, with respect to a State, an insurer not licensed to engage in the business of insurance in such State; but
(B) does not include a risk retention group, as that term is defined in section 3901(a)(4) of this title.