(a) The state in which the insurer was first authorized to transact insurance;
(b) The state in which is located the insurer’s principal place of business in the United States; or
(c) The state in which is held the largest deposit of assets of the insurer in trust for the protection of its policyholders and creditors in the United States.
(2) If the insurer makes no such designation its domicile shall be deemed to be that state in which is located its principal place of business in the United States. [Formerly 736.240]