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23-102-103. Definitions.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-102-103. Definitions.
As used in this chapter:
(1) “Authority” means the Arkansas Earthquake Authority;
(2) “Board” means the Board of the Arkansas Earthquake Authority;
(3) “Commissioner” means the Insurance Commissioner;
(4) “Event” means an earthquake and all subsequent earthquakes occurring within the following seventy-two-hour period;
(5) “Insurer” means all property insurers as defined in § 23-62-104 and includes farmers' mutual aid associations and all casualty insurers as defined in § 23-62-105;
(6) “Net direct written premium” is the gross amount of premiums received from policies of insurance issued in this state less return premiums and dividends paid or credited to policyholders. “Net direct written premium” does not include premiums for indemnity reinsurance accepted from other licensed insurers, and there shall be no deductions for premiums for indemnity reinsurance ceded to other insurers; and
(7) “Program” means the Market Assistance Program.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-102-103
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Record provenance
Stable record: arkansas_code:legal_authorities:23-102-103
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 343cf4e0055d3a281b865b307763cca4157d795677db98cd004e1c171ccb7d60
Source location: content.xml paragraph 60446
Stored source content
23-102-103. Definitions.
As used in this chapter:
(1) “Authority” means the Arkansas Earthquake Authority;
(2) “Board” means the Board of the Arkansas Earthquake Authority;
(3) “Commissioner” means the Insurance Commissioner;
(4) “Event” means an earthquake and all subsequent earthquakes occurring within the following seventy-two-hour period;
(5) “Insurer” means all property insurers as defined in § 23-62-104 and includes farmers' mutual aid associations and all casualty insurers as defined in § 23-62-105;
(6) “Net direct written premium” is the gross amount of premiums received from policies of insurance issued in this state less return premiums and dividends paid or credited to policyholders. “Net direct written premium” does not include premiums for indemnity reinsurance accepted from other licensed insurers, and there shall be no deductions for premiums for indemnity reinsurance ceded to other insurers; and
(7) “Program” means the Market Assistance Program.
Cross-references
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Arkansas Code — all titles (historical 2020) · legal_authorities
23-62-104. Property insurance.
As used in the Arkansas Insurance Code, unless the context otherwise requires, “property insurance” is insurance on real or personal property of every kind and of every interest therein, whether on land, water, or in the air, against loss or damage from any and all hazard or cause and against loss consequential upon the loss or damage, other than noncontractual legal liability for the loss or damage.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-62-104
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 23-62-104. This identifies an authority to review, not proof of applicability.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-62-105. Casualty insurance — Definition.
(a) As used in the Arkansas Insurance Code, unless the context otherwise requires, “casualty insurance” includes:
(1) Vehicle Insurance. Insurance against loss of or damage to any land vehicle or aircraft or any draft or riding animal or to property while contained therein or thereon or being loaded or unloaded therein or therefrom, from any hazard or cause, and against any loss, liability, or expense resulting from or incidental to ownership, maintenance, or use of the vehicle, aircraft, or animal, together with insurance against accidental death or accidental injury to individuals, including the named insured, while in, entering, alighting from, adjusting, repairing, cranking, or caused by being struck by a vehicle, aircraft, or draft or riding animal, if the insurance is issued as an incidental part of insurance on the vehicle, aircraft, or draft or riding animal;
(2) Liability Insurance. Insurance against legal liability for the death, injury, or disability of any human being or for damage to property and the provision of medical, hospital, surgical, disability, or accident and health benefits to injured persons and funeral and death benefits to dependents, beneficiaries, or personal representatives of persons killed, irrespective of legal liability of the insured, when issued as an incidental coverage with or supplemental to liability insurance;
(3) Workers' Compensation and Employer's Liability. Insurance of the obligations accepted by, imposed upon, or assumed by employers under law for death, disablement, or injury of employees;
(4) Burglary and Theft. Insurance against loss or damage by burglary, theft, larceny, robbery, forgery, fraud, vandalism, malicious mischief, confiscation; or wrongful convers
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-62-105
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 23-62-105. This identifies an authority to review, not proof of applicability.