An admitted insurance company possesses what legal document?

An admitted insurance company is one that has obtained a Certificate of Authority from the state insurance regulator. This document is essential because it permits the company to conduct business within that state legally. The Certificate of Authority confirms that the insurance company meets the regulatory standards set by the state, which typically includes financial stability and compliance with state laws.

Other options such as a License to Operate and an Accreditation Seal may imply permission to operate but do not specifically refer to the document required for admitted insurers. An Endorsement Certificate, on the other hand, is not related to the admission process but rather serves as an amendment or addition to a current insurance policy. Therefore, the Certificate of Authority is the key legal document that signifies an insurance company is authorized to write insurance in a particular state.