AZ Regulatory Bulletin 2016-05
AZ Regulatory Bulletin 2016-05: Expiration of Arizona Administrative Code ("A.A.C.") R20-6-204; Surplus Lines Brokers' Filing Requirements; List of Unauthorized Insurers
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Office of the Director
Arizona Department of Insurance
2910 North 44th Street, Suite 210, Phoenix, Arizona 85018-7269
Phone: (602) 364-3100 | Web: https://insurance.az.gov
Douglas A. Ducey, Governor
Leslie R. Hess, Interim Director
## REGULATORY BULLETIN 2016-05
To: Surplus Lines Brokers, Surplus Lines Insurers, Surplus Line Association of Arizona and Other Interested Persons
From: Leslie Hess
Interim Director of Insurance
Leslie Hess
Date: December 19, 2016
Re: Expiration of Arizona Administrative Code ("A.A.C.") R20-6-204; Surplus Lines Brokers' Filing Requirements; List of Unauthorized Insurers
Effective Friday, December 16, 2016, A.A.C. R20-6-204 ("Rule") is expired. The Rule restated requirements in Arizona Revised Statutes ("A.R.S.") § 20-413 pertaining to the addition of a foreign unauthorized insurer (a.k.a. "foreign surplus lines insurer") to Arizona's List of Qualified Unauthorized Insurers ("White List"), and had required a surplus lines broker to file an annual certification in order for a foreign surplus lines insurer to remain on the White List.
While A.R.S. § 20-413 continues to require a surplus lines broker to file an initial certification to propose the addition of a foreign surplus lines insurer to the White List, the Rule expiration eliminates the annual recertification requirement. A foreign surplus lines insurer shall remain on the White List unless the surplus lines insurer is removed from the list for reasons set forth in Arizona law, including but not limited to those set forth in A.R.S. § 20-413(H).
Please direct any questions related to this Regulatory Bulletin to:
Scott Greenberg
Assistant Deputy Director
sgreenberg@azinsurance.gov
(602) 364-3764