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23-67-217. Advisory organizations — Filings.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-67-217. Advisory organizations — Filings.
Every advisory organization shall file with the Insurance Commissioner every advisory document pursuant to § 23-67-216 thirty (30) days prior to the effective date. The commissioner may extend the review period an additional thirty (30) days by written notice to the filer before the thirty-day period expires.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-67-217
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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Stable record: arkansas_code:legal_authorities:23-67-217
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 91f2155dd4a060889248ecf42ea4a579b34c658a8432cb793ddc24ffff06dbc3
Source location: content.xml paragraph 38961
Stored source content
23-67-217. Advisory organizations — Filings.
Every advisory organization shall file with the Insurance Commissioner every advisory document pursuant to § 23-67-216 thirty (30) days prior to the effective date. The commissioner may extend the review period an additional thirty (30) days by written notice to the filer before the thirty-day period expires.
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Arkansas Code — all titles (historical 2020) · legal_authorities
23-67-216. Advisory organizations — Permitted activities.
Any advisory organization, in addition to other activities permitted, is authorized to:
(1) Develop statistical plans, including territorial and class definitions;
(2) Collect statistical data from members, subscribers, or any other source;
(3) Prepare and distribute pure premium data, adjusted for loss development and loss trending, in accordance with its statistical plans;
(4) Prepare, distribute, and file rates and supplementary rate information except as prohibited by § 23-67-215(b). Those filings made by advisory organizations shall be for advisory purposes only and shall not be made on behalf of any insurer;
(5) Distribute information that is filed with the Insurance Commissioner and open to public inspection;
(6) Conduct research and on-site inspections in order to prepare classifications of public fire defenses;
(7) Consult with public officials regarding public fire protection as it would affect members, subscribers, and others;
(8) Conduct research and collect statistics in order to discover, identify, and classify information relating to cause or prevention of losses;
(9) Prepare and file policy forms and endorsements and consult with members, subscribers, and others relative to their use and application;
(10) Conduct research and on-site inspections for the purpose of providing risk information relating to individual structures;
(11) Collect, compile, and distribute past and current prices of individual insurers if that information is made available to the general public;
(12) File rates, supplementary rate information, and supporting information for residual market mechanisms; and
(13) Furnish any other services not prohibited by this chapter.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-67-216
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 23-67-216. This identifies an authority to review, not proof of applicability.