Under what condition might the commissioner remove an approved unauthorized insurer?

The correct response is based on the guidelines governing unauthorized insurers and their compliance with regulatory requirements. The commissioner has the authority to remove an approved unauthorized insurer if they fail to pay any fee. Maintaining financial compliance is essential for insurers, as failure to meet financial obligations such as fees can indicate potential risk or mismanagement. Ensuring that all fees are paid helps uphold the integrity of the insurance marketplace and protects consumers.

While the other scenarios involve important aspects of an insurer's conduct, they do not specifically align with the conditions under which the commissioner would exercise the power to remove an insurer. For instance, not filing an annual report is an issue of compliance but does not necessarily trigger immediate removal. An excessive number of claims might raise concerns but is typically addressed through different remediation measures rather than removal. A change in a registered address would not warrant removal; rather, it should be reported and updated per regulations but doesn't reflect an insurer's financial fitness or compliance status.