379.121. Definitions.
111 words·~1 min read·
/mo/chapter-379/379-121A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
379.121. Definitions. — As used in sections 379.121 to 379.125 , the following words and terms shall mean:
(1)"Adverse underwriting decision" , placement by an insurer or agent of a risk with a residual market mechanism, an unauthorized insurer or an insurer which specializes in substandard risks;
(2)"Insurer" , any insurance company, association or exchange authorized to issue policies of automobile insurance in the state of Missouri;
(3)"Policy" , an automobile policy providing automobile liability coverage, uninsured motorists coverage, automobile medical payments coverage or automobile physical damage coverage insuring a private passenger automobile owned by an individual or partnership.
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(L. 2001 S.B. 151)
Transferred 2004; formerly 379.124