In Oklahoma’s Insurance Code (Title 36 O.S. § 105), aforeign insureris defined as an insurance company formed under the laws of another U.S. state or territory. This distinguishes it from adomestic insurer(formed in Oklahoma) and analien insurer(formed in a foreign country).
Option A: Incorrect. An insurer formed in Oklahoma is a domestic insurer.
Option B: Incorrect. An insurer from a foreign country is an alien insurer.
Option C: Correct. A foreign insurer is formed under the laws of another U.S. state or government.
Option D: Incorrect. Geographic proximity is irrelevant; the definition is based on legal formation.
This question aligns with the Prometric content outline under “State Insurance Statutes, Rules, and Regulations,” which covers insurer classifications.
[:, Prometric Oklahoma Life, Accident, and Health or Sickness Producer Exam Content Outline (Section: State-Specific Knowledge – Oklahoma Insurance Statutes)., Oklahoma Insurance Department, Title 36 O.S. § 105 (definitions of insurers)., Standard insurance study guides (e.g., Kaplan, ExamFX) for Oklahoma producer licensing., ]
Submit