(a) Application for an acceptance of any nonresident license provided under this chapter shall thereby be deemed to constitute irrevocable appointment of the Insurance Commissioner as the agent of the licensee for the acceptance of service of process issued in this state in any action or proceeding against the licensee arising out of such licensing […]
(a) (1) Any insurance company authorized to transact fire or casualty business in this state shall, upon termination of an agent’s appointment by the company, permit the renewal of all contracts of insurance written by the agent for a period of twelve (12) months from the date of the termination, as determined by the individual […]
(a) All life and accident and health insurance companies doing business in the State of Arkansas, as a condition of doing business in this state, shall make settlement with their authorized producers whose services are terminated by any insurance company, for all commissions then due and owing, and thereafter make settlement, from time to time, […]
(a) For purposes of this section: (1) “Account current” or “account rendered” means any system of account reconciliation between two (2) or more insurance producers, surplus lines brokers, or insurance companies that purports to render the status of the account between them in regard to the amount of net premium or return premium due; (2) […]
(a) As used in this section: (1) “Customer” means an individual or entity that obtains the use of a storage space from a self-service storage facility under the terms of a self-service storage rental agreement; (2) “Insured customer” means a customer that purchases insurance under a self-service storage insurance policy that is sold, solicited, or […]
(a) (1) This section applies to travel insurance that: (A) Covers a resident of this state; (B) Is sold, solicited, negotiated, or offered in this state; and (C) Has policies and certificates that are delivered or issued for delivery in this state. (2) This section does not apply to a cancellation fee waiver or travel […]
