What does the term 'company' refer to in the context of insurance examinations?

In the context of insurance examinations, the term 'company' broadly refers to any person or group that is engaged in the insurance or surety business. This definition encompasses a wide range of entities, including both traditional insurance companies and alternative forms of insurance entities. It highlights that 'company' is not limited to just corporations or specific groups, but rather includes various organizational forms involved in providing insurance coverage or surety bonds.

This understanding aligns with broader interpretations in regulatory and legal texts where insurance companies are emphasized based on their function in facilitating risk management for individuals and businesses. By defining 'company' in this inclusive manner, it provides clarity on who is participating in the insurance market, important for both regulatory compliance and professional practice within the industry.