Thursday, March 18, 2010

Arkansas DOI Adopts Amendments to Surplus Lines Rule

The Arkansas Insurance Department has adopted amendments to Rule 24. The amended rule provides direction on forms and documents necessary for the proper reporting and accounting on property, casualty, surety, and marine insurance policies issued by surplus lines insurers through surplus lines brokers.

The rule became effective upon approval by the Insurance Commissioner on March 10, 2010.

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