Assessment by Arkansas Rural Risk Underwriting Association

Hugh McDonald SECRETARY OF COMMERCE AID * BULLETIN NO.: 17-2024 TO: Alan McClain COMMISSIONER, ARKANSAS INSURANCE DEPARTMENT ALL LICENSED PROPERTY INSURERS, FARMERS MUTUAL AID COMPANIES AND ASSOCIATIONS, NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS, TRADE ASSOCIATIONS, AND OTHER INTERESTED PARTIES FROM: ARKANSAS INSURANCE DEPARTMENT SUBJECT: ASSESSMENT BY ARKANSAS RURAL RISK UNDERWRITING ASSOCIATION Arkansas Code Annotated § 23-88-306(a)(3)(A) provides that, "The governing board shall be empowered to make assessments as may be necessary to provide funds needed to make payment of all loss claims and expenses of the association." Arkansas Code Annotated § 23-88-306(d) further provides that members of the Arkansas Rural Risk Underwriting Association ("ARRUA") may be assessed an amount not to exceed two hundred dollars ($200.00) annually, if needed, for expenses of mailing volunteer fire department renewal subscription notices. Pursuant to the statute cited above, the ARRUA Board has determined that an assessment is needed for the year 2024. The attached form and remittance of two hundred dollars ($200.00) per company, made payable to the "Arkansas Rural Risk Underwriting Association" must be mailed to ARRUA, Dept. #40153, PO Box 9668, Conway, AR 72032. The ascessmentis due by December 31, 2024. Questions regarding this Bulletin should be directed to Becky Harrington, Property and Casualty Compliance Officer, Arkansas Insurance Department, Compliance Division, at 501-371-2800 or by e-mail at Becky.Harrington@arkansas.gov, or Brenna Graham, ARRUA Plan Manager, at 479-636-2872 or by e-mail at Brenna@mutualar.com. OcArbe)K ALAN MCCLAIN DATE ARKANSAS INSURANCE COMMISSIONER Arkansas Department of Commerce Arkansas Insurance Department 1 Commerce Way, Suite 102 • Little Rock, AR 72202 INSURANCE.ARKANSAS.GOV ARKANSAS RURAL RISK UNDERWRITING ASSESSMENT ACTS 2003, No. 1326 DUE BY DECEMBER 31, 2024 MAIL TO: ARRUA Dept. #40153 PO Box 9668 Conway, AR 72032 DATE: NAME OF COMPANY*: NAIC NUMBER COMPANY CONTACT: NAME: PHONE NUMBER: E-MAIL: CHECK: AMOUNT OF CHECK: $200.00 FOR EACH COMPANY REPORTED ON THIS FORM- PAYABLE TO : ARRUA *Please note that if submission is made for a group of companies, each company and its NAIC number must be listed here: Name of Company NAIC Number