Florida Insurance Licensing Practice Exam

XYZ Insurance Corp. filed its corporate charter in Tallahassee and has its home office in Tampa, in which state is XYZ a domestic insurer?

1. Texas

2. California

3. Florida

4. New York

The correct answer is: Florida

A Texas is not the correct answer because XYZ's corporate charter was filed in Tallahassee, which is located in Florida, not Texas. B: California is not the correct answer because XYZ's home office is located in Tampa, Florida, not California. D: New York is not the correct answer because although XYZ could potentially have locations or operations in New York, it is a domestic insurer in Florida since that is where its corporate charter was filed and its home office is located.