What do you call an insurance company formed in any state other than Florida?

The term that describes an insurance company formed in any state other than Florida is "foreign." In the context of insurance regulation, a foreign insurer is one that is incorporated or established in a different state than the one in which it is operating. For instance, if an insurance company is based in Georgia but sells policies in Florida, it is classified as a foreign insurer in Florida.

This classification is important because it helps to define regulations that apply to insurers operating in various states. Each state has its own regulatory requirements, so understanding whether an insurer is domestic (formed in the same state where it operates), foreign, or alien (formed outside the United States) is crucial for compliance and regulatory oversight.

A mutual insurance company refers to a type of company owned by its policyholders rather than investors, which is a different classification focusing on ownership rather than geographic status. Hence, the appropriate term for an insurer established outside Florida is indeed foreign.