AR Insurance Bulletin 11-2025

Assessment by Arkansas Rural Risk Underwriting Association

Year: 2025Length: 342 wordsOfficial source
Hugh McDonald SECRETARY OF COMMERCE AID APIPlANS. INSURAIN. IMPARINEMT * * BULLETIN NO.: 11-2025 TO: Jimmy Harris 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 2025. 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 assessment is due by December 31, 2025. 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 Trey Norwood, ARRUA Plan Manager, at 501-228- 1377 or by e-mail at Tre .Norwood@afbic.com. JI HAAR S- RKANSAS-INSURANCE C MMISSIONER Arkansas Department of Commerce Arkansas Insurance Department 1 Commerce Way, Suite 102 • Little Rock, AR 72202 INSURANCE.ARKANSAS.GOV 91/7 DATE ARKANSAS RURAL RISK UNDERWRITING ASSESSMENT ACTS 2003, No. 1326 DUE BY DECEMBER 31, 2025 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
AR Insurance Bulletin 11-2025: Assessment by Arkansas Rural Risk Underwriting Association | Justis AI