This Insurance Glossary of Terms is produced and maintained by the National Alliance Research Academy. 
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Domestic Insurance Company

One that is domiciled in a particular state, admitted or permitted to operate in their state of domicile and are closely regulated in that state with respect to their financial condition and possibly with respect to what policy language or forms they use and what rates they charge, although there has been a trend in commercial consumerism that has loosened some of the traditional strictures on rates and forms in recent decades.

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