AR Insurance Bulletin 17-83

Exclusionary Endorsement Must Be Signed By Insured

Year: 1983Length: 122 wordsOfficial source
6 • j c S 7'444, ARKANSAS INSURANCE DEPARTMENT 400 University Tower Building • Little Rock, Arkansas 72204 Linda N. Garner Ph 501 371-1325 Insurance Commissioner January 2, 1984 BULLETIN NO. 17-83 TO: ALL PROPERTY AND CASUALTY INSURERS LICENSED TO DO BUSINESS IN THE STATE OF ARKANSAS FROM: ARKANSAS INSURANCE DEPARTMENT SUBJECT: EXCLUSIONARY ENDORSEMENTS Insurers are notified that no driver or operator exclusion is acceptable for use on an automobile policy unless the exclusionary endorsement includes a provision for the signature of the named insured (s), accepting and acknowledging the restricted coverage. Any existing form that does not provide for this signature should be revised accordingly and submitted to this Department for approval. Linda N. Garner Insurance Commissioner An equal opportunity employer
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