AR Insurance Bulletin 8-2018

Repeal Rules Pursuant to Act 781

Year: 2018Length: 238 wordsOfficial source
Arkansas Insurance Department Asa Hutchinson Allen Kerr Governor Commissioner 1200 West Third Street, Little Rock, AR 72201-1904 · (501) 371-2600 · (501) 371-2618 fax · www.insurance.arkansas.gov Information (800) 282-9134 · Consumer Services (800) 852-5494 · Seniors (800) 224-6330 · Criminal Inv. (866) 660-0888 October 9, 2018 BULLETIN NO. 8-2018 TO: ALL LICENSED INSURERS, HEALTH MAINTENANCE ORGANIZATIONS (HMOs), HOSPITAL AND MEDICAL SERVICE CORPORATIONS, TITLE INSURERS, AND OTHER INSURING ENTITIES REPORTING TO THE INSURANCE COMMISSIONER, INSURER TRADE ASSOCIATIONS, NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS AND OTHER INTERESTED PARTIES FROM: ARKANSAS INSURANCE DEPARTMENT SUBJECT: NOTIFICATION OF THE REPEAL OF RULES PURSUANT TO ACT 781 OF 2017 The Arkansas Insurance Department is sending you this Bulletin as notification of the repeal of five of the Department’s Rules pursuant to Act 781 of 2017, codified at Ark. Code Ann. §§ 25-15-401, et seq. The following Rules have been repealed effective October 2, 2018: Rule 9 – Corporate Minute Books. Rule 20 – Financial Reporting by Life Insurance Companies. Rule 36 – Investments in Medium Grade and Lower Grade Obligations for Domestic Arkansas Insurers. Rule 58 – Employee Leasing Firms and Employee Leasing Groups. Rule 61 – Insurer Reports of Arkansas Property and Casualty Claims Experience Pursuant to Act 166 of 1993. Any questions concerning this Bulletin should be directed to Amanda Rose, Legal Division, at (501) 371- 2820 or via e-mail to amanda.rose@arkansas.gov. October 9, 2018 ALLEN KERR DATE INSURANCE COMMISSIONER STATE OF ARKANSAS
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