insurance company

insurance company. A corporation or association that issues insurance policies. [Cases: Insurance 1003. C.J.S. Insurance § 32.] captive insurance company. A company that insures the liabilities of its owner. • The insured is usu. the sole shareholder and the only customer of the company. — Also termed captive insurer. [Cases: Insurance 1192.] mixed insurance company. […]

A corporation or association that issues insurance policies. [Cases: Insurance 1003. C.J.S. Insurance § 32.]