Residual Market Companies
A private passenger residual market company is a Member that has been required to and qualifies as an Assigned Risk Company.
A commercial residual market company is a Member that has been appointed as a Servicing Carrier to issue all other motor vehicle
insurance policies.
Limited Assignment Distribution Agreements (LAD) reflect a Member company that has entered into an agreement with another Member company
to comply with their private passenger residual market requirements and responsibilities according to the Rules of Operation.