Insurers do business in Ohio only after a thorough financial review. Most insurance policies written in Ohio are protected by the Guaranty Association established to protect policy owners In the event an admitted company

Insurers do business in Ohio only after a thorough financial review. Most insurance policies written in Ohio are protected by the Guaranty Association established to protect policy owners In the event an admitted company
A . cannot meet it’s capital surplus requirements.
B . merges with a foreign insurer.
C . becomes financially insolvent.
D . depletes its loss reserves.

Answer: C