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27 October, 12:33

A company that is authorized y the commissioner to transact insurance business in Louisiana is called a

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  1. 27 October, 12:46
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    A company that is authorized by the commissioner to transact insurance business in Louisiana is called a producer.

    Explanation:

    According to the Louisiana Insurance Code, a producer is a person required to be licensed under the laws of Louisiana to sell, solicit, or negotiate insurance, and includes all persons or business entities otherwise referred to as insurance agent, insurance broker, insurance solicitor, or surplus lines broker.
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