20-1505. Policy description of insurer


There shall be printed on the first or front page at the head of the standard fire
insurance policy the name of the insurer or insurers issuing the policy, the location of
the home office or United States office of the insurer or insurers, a statement whether
the insurer or insurers are stock corporations, mutual corporations, reciprocal insurers,
Lloyd's underwriters or otherwise, and there may be added thereto such device or emblem
as the insurer or insurers issuing the policy may desire. Any insurer organized under
special charter provisions may so indicate upon its policy, and may add a statement of
the plan under which it operates in this state. If the policy is issued by a mutual or
reciprocal insurer having special regulations with respect to the payment of assessments
by the policyholder or subscriber, such regulations shall be printed on the policy, and
any such insurer may print upon the policy such regulations as may be appropriate to or
required by its form of organization. There may be substituted for the word "company" a
more accurate descriptive term for the type of insurer. There may also be added a
statement of the group of insurers with which the insurer is financially affiliated. In
lieu of the facsimile signatures of the president and secretary of the insurer there may
be used the name or names of the officers or managers authorized to execute the contract.