Arkansas Code Title 23, Subtitle 3, Chapter 79, Subchapter 3 - Minimum Standards -- Commercial Property and Casualty Insurance Policies
§ 23-79-301 - Purpose.
The purpose of this subchapter is to provide minimum standards for commercial lines property and casualty insurance policies or contracts. These minimum standards are...
§ 23-79-302 - Definition.
For purposes of this subchapter, a claims-made policy as referenced in § 23-79-306 means a policy which provides coverage if a claim for damages...
§ 23-79-303 - Applicability -- Exceptions.
(a) This subchapter applies to property and casualty insurance on commercial risks in this state, except: (1) Reinsurance; (2) Insurance against loss of or...
§ 23-79-304 - Construction.
This subchapter shall be deemed cumulative of prior laws. No prior law or part of a law shall be deemed to be in conflict...
§ 23-79-305 - Violations -- Order.
(a) Whenever the Insurance Commissioner shall have reason to believe that any person has violated any provision of this subchapter, the commissioner shall issue...
§ 23-79-306 - Requirements.
The following requirements are applicable only as to claims-made policies as defined in § 23-79-302: (1) The policy application and the initial page of...
§ 23-79-307 - Standards.
In addition to other applicable provisions of the Arkansas Insurance Code, insurers and insurance policies subject to the provisions of this subchapter shall meet...
§ 23-79-308 - Noncomplying Provisions.
Any commercial property and casualty insurance policy, contract, rider, or endorsement issued after March 13, 1987, and otherwise valid that contains any condition or...
§ 23-79-309 - Administrative Procedures -- Appeals.
(a) Administrative procedures exercised by the Insurance Commissioner under this subchapter shall be in accordance with §§ 23-61-303 -- 23-61-306.(b) Appeals from orders of...
§ 23-79-310 - Rules and Regulations.
The Insurance Commissioner may promulgate such reasonable rules and regulations as are necessary to carry out the provisions of this subchapter.