Which state's laws would an "insurer" be subject to if were a USA subsidiary of a foreigncompany with headquarters in state X, and global offices, offices scattered across the United States of America (USA), and tons of subsidiaries of itself?
Does it subject to laws of wherever the broker lives or wherever the client lives?
What if the insurer were to remain silent on where legal fights would be done in their policy?
I had mentioned laws before such as this:
In accordance with N.J.S.A. 17:17-10b and N.J.A.C. 11:2-29.3, non-renewals shall not commence prior to one calendar year and 90 days following the submission of the informational filing, a notice of non-renewal shall be sent to every policyholder no later than one year preceding the date of non-renewal, and the non-renewal period shall not exceed three years.