AR Insurance Bulletin 11-2023

Prepaid Legal Insurance

Year: 2023Length: 154 wordsOfficial source
Hugh McDonald SECRETARY OF COMMERCE AID •1,11. AAAAA omarrmewr * * June 16, 2023 BULLETIN NO. 11-2023 Alan McClain INSURANCE COMMISSIONER, ARKANSAS INSURANCE DEPARTMENT TO: ALL LICENSED DOMESTIC INSURERS AND OTHER DOMESTIC INSURING ENTITIES REPORTING TO THE INSURANCE COMMISSIONER, INSURER TRADE ASSOCIATIONS, NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS, AND OTHER INTERESTED PARTIES FROM: ARKANSAS INSURANCE DEPARTMENT SUBJECT: PREPAID LEGAL INSURANCE The Arkansas Insurance Department is publishing this Bulletin to advise you that our General Assembly passed legislation this year that repealed the Arkansas Legal Insurance Act, codified at Ark. Code Ann. §§ 23-91-201, et seq. The Arkansas Insurance Department will no longer regulate the business of prepaid legal insurance. Questions concerning this Bulletin should be directed to Amanda Rose, Associate Counsel, at (501) 371-2828 or via e-mail to amanda.rose@a,arkansas.gov. ALAN McCLAIN INSURANCE COMMISSIONER STATE OF ARKANSAS 6/16/.9-0)- DATE Arkansas Department of Commerce Arkansas Insurance Department 1 Commerce Way, Suite 102 Little Rock, AR 72202 INSURANCE.ARKANSAS.GOV
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