What does Registered Agent mean? Read on to discover the definition & meaning of the term Registered Agent - to help you better understand the language used in insurance policies.
In the United States, the person or firm legally appointed to accept service of process. Alien insurers must appoint (by filed proxy) the insurance commissioner as their agent, in states where they do business, to ensure protection of policyholder rights.
We hope the you have a better understanding of the meaning of Registered Agent.