Definition of "Solvency"

Melanie Chadwell Norris real estate agent
Melanie Chadwell Norris, Real Estate Agent RE/MAX ALL PROS - Tampa/Valrico

Minimum standard of financial health for an insurance company, where assets exceed liabilities. State laws require insurance regulators to step in when solvency of an insurer is threatened and proceed with rehabilitation or liquidation.

Have a question or comment?
We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 
 

 

Popular Insurance Terms

Popular Insurance Questions