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Arizona
Law
Arizona Revised Statutes
Title 20Arizona Revised Statutes Title 20
Insurance
| Chapter 1 | GENERAL PROVISIONS |
| Article 1 | Scope of Title |
| 20-101 | Department of insurance; "commission" defined |
| 20-102 | "Director" defined |
| 20-103 | Definition of insurance; exceptions |
| 20-104 | "Insurer" defined |
| 20-105 | "Person" defined |
| 20-106 | Acts constituting the transaction of business; definition |
| 20-107 | Limitation on transaction of insurance; exception |
| 20-108 | Types of insurers excepted |
| 20-108.01 | Extended warranty insurers; deposit with state treasurer; powers and duties; definition |
| 20-109 | Existing licenses |
| 20-110 | Existing contracts |
| 20-111 | Existing forms and filings |
| 20-112 | Existing actions or violations |
| 20-113 | Construction of particular and general provisions |
| 20-114 | Violations; classification |
| 20-115 | Department jurisdiction over certain health care providers; exception; examination; disclosure |
| 20-116 | Surety bonds; cash deposit as alternative |
| 20-117 | Definitions |
| 20-118 | Prohibition; definitions |
| 20-119 | Charitable gift annuities; audited financial statements; disclosure statement; commissions prohibited; definitions |
| 20-120 | Payment bonds for third party intermediary entities; contract provisions; definitions |
| Article 2 | Administrative Officers and Procedures |
| 20-141 | Director of insurance; appointment; term; qualifications; compensation |
| 20-142 | Powers and duties of director; payment of examination and investigation costs; home health services |
| 20-143 | Rule making power |
| 20-144 | Seal of office |
| 20-145 | Evidentiary effect of certificate of authority |
| 20-146 | Supervisor |
| 20-147 | Assistant director; chief examiner; appointment; qualifications |
| 20-148 | Deputies and other employees; special services |
| 20-149 | Prohibition on certain activities by employees; conflict of interest |
| 20-150 | Delegation of director's authority |
| 20-151 | Issuance of orders and notices by director |
| 20-152 | Enforcement |
| 20-153 | Records |
| 20-154 | Annual report |
| 20-155 | Expenses of administration |
| 20-156 | Examination of insurers and state compensation fund; financial surveillance fund; definition |
| 20-157 | Access and powers relating to insurers' records |
| 20-157.01 | Insurer claim files; access by director; definition |
| 20-158 | Report of examinations by director; information sharing |
| 20-159 | Insurance examiners' revolving fund; definition |
| 20-160 | Powers of examination; witnesses; subpoenas; perjury |
| 20-161 | Hearings |
| 20-162 | Demand for hearing; stay of order |
| 20-163 | Notice of hearing |
| 20-164 | Procedure upon hearing |
| 20-165 | Order on hearing |
| 20-166 | Judicial review |
| 20-167 | Fees |
| 20-168 | Preparation and sale of publications |
| 20-169 | Supervision by director |
| 20-170 | Prohibited acts during sixty day period of supervision |
| 20-171 | Conservatorship; liquidation |
| 20-172 | Possession by director of person transacting insurance prior to appointment of receiver; powers of director in possession; stay of possession order; application to title insurance |
| 20-173 | Residence requirement; exemption for officer representing insurer |
| Article 3 | Mandated Health Coverage |
| 20-181 | Mandated health coverage; report to legislature |
| 20-182 | Factors for assessing impact; certification of report |
| Article 4 | Payment of Premiums |
| 20-191 | Payment of premiums by mail; date of payment |
| Chapter 2 | TRANSACTION OF INSURANCE BUSINESS |
| Article 1 | Authorization of Insurers and General Requirements |
| 20-201 | "Alien" insurer defined |
| 20-202 | "Charter" defined |
| 20-202.01 | Stock insurer's initial free surplus defined |
| 20-202.02 | Mutual insurer's minimum required basic surplus defined |
| 20-202.03 | Mutual insurer's initial free surplus defined |
| 20-202.04 | Reciprocal insurer's required basic surplus defined |
| 20-202.05 | Reciprocal insurer's initial free surplus defined |
| 20-203 | "Domestic" insurer defined |
| 20-204 | "Foreign" insurer defined |
| 20-205 | "State," "United States" defined |
| 20-206 | Authority to transact insurance |
| 20-207 | General qualifications to transact insurance |
| 20-208 | Definition of guaranteed investment contract |
| 20-209 | Kinds of insurance an insurer may transact |
| 20-210 | Minimum required capital stock or basic surplus |
| 20-211 | Surplus required |
| 20-212 | Funds required to transact additional kinds of insurance |
| 20-213 | Deposit requirements |
| 20-214 | Financial requirements; escalator provisions |
| 20-215 | Application for certificate of authority |
| 20-216 | Issuance or refusal of certificate |
| 20-217 | Certificate of authority; term; termination; delivery upon termination or revocation |
| 20-218 | Name of insurer |
| 20-218.01 | Appointment of a statutory agent |
| 20-218.02 | Change of known place of business or statutory agent |
| 20-219 | Mandatory revocation or suspension |
| 20-220 | Certificate of authority; refusal to renew; revocation or suspension; civil penalty |
| 20-221 | Director as agent for service of process |
| 20-222 | Service of process; time to answer |
| 20-223 | Annual statement; payment of fees; penalty for failure to file or pay |
| 20-223.01 | Annual report of product liability insurer |
| 20-224 | Premium tax |
| 20-224.01 | Additional premium tax |
| 20-224.02 | Credit for overpayment of tax |
| 20-224.03 | Premium tax credit for increased employment in enterprise zones; definition |
| 20-224.04 | Premium tax credit for increased employment in military reuse zones; definitions |
| 20-225 | Failure to pay tax; penalty |
| 20-226 | Exclusive character of premium tax; exception |
| 20-227 | Disposition of tax proceeds |
| 20-228 | Exemption of insurers from general corporation reports and fees |
| 20-229 | Countersignature of insurance producer; exceptions |
| 20-230 | Retaliation |
| 20-231 | Transfer of domicile |
| 20-232 | Junior achievement program; exemption from licensure |
| 20-233 | Additional information required of insurer; disclosure to director; violation; classification |
| 20-234 | Filing requirement; participation in the insurance regulatory information system |
| 20-235 | Insurers; financial disclosure; requirements |
| 20-236 | Civil penalty for failure to respond to a request for verification of financial responsibility |
| 20-237 | Failure to provide information; penalty |
| Article 2 | Kinds of Insurance; Reinsurance; Limits of Risk |
| 20-251 | Definitions not mutually exclusive |
| 20-252 | "Casualty insurance" defined |
| 20-253 | "Disability insurance" defined |
| 20-254 | "Life insurance" defined |
| 20-254.01 | "Annuities" defined |
| 20-255 | "Marine and transportation insurance" defined |
| 20-256 | "Property insurance" defined |
| 20-257 | "Surety insurance" defined |
| 20-258 | Multiple line insurers |
| 20-259 | "Vehicle insurance" defined |
| 20-259.01 | Motor vehicle liability policy; uninsured optional; underinsured optional; subrogation; medical payments liens; definitions |
| 20-259.02 | Coverage to include car pool operators and car pool vehicles; definitions |
| 20-259.03 | Uninsured and underinsured motorist coverages; insured; wrongful death recovery |
| 20-260 | Limit of risk |
| 20-261 | Authorized reinsurance |
| 20-261.01 | Credit for reinsurance |
| 20-261.02 | Reduction from liability for reinsurance ceded by a domestic insurer to an assuming insurer |
| 20-261.03 | Qualified United States financial institution; definitions |
| 20-261.04 | Reinsurance agreements affected |
| 20-262 | Motor vehicle insurance policy; reduction of rate for older person completing accident prevention course; course requirements |
| 20-263 | Vehicle insurance; prohibited act by insurer; hearing; penalty |
| 20-264 | Automobile insurance; damaged safety equipment deductible optional; definition |
| 20-265 | Motor vehicle insurance; premium comparisons and complaint ratios |
| 20-266 | Minimum liability policy; availability |
| 20-267 | Motor vehicle liability policies; monthly basis; fee |
| 20-268 | Motor vehicle subrogation |
| 20-269 | Reduction in automobile liability insurance premiums for mandatory seat belt use |
| 20-270 | Residential property insurance; prohibited acts |
| 20-271 | Lienholders; proof; accidents; notice; applicability |
| Article 3 | Insurance Producer Licensing |
| 20-281 | Definitions |
| 20-282 | License required |
| 20-283 | Exceptions to insurance producer licensing |
| 20-284 | Application for examination |
| 20-285 | Application for license |
| 20-286 | Licensure; lines of authority |
| 20-287 | Nonresident licensing |
| 20-288 | Exemption from examination |
| 20-289 | Expiration; surrender; renewal |
| 20-289.01 | Inactive license or application status during military service |
| 20-290 | Insurance producer records; individual licensees |
| 20-291 | Service of process on nonresident licensees |
| 20-292 | Violation; injunctive relief |
| 20-293 | Insurance vending machines |
| 20-294 | Temporary licensing |
| 20-295 | License denial, suspension or revocation; civil penalty |
| 20-296 | Procedure after suspension or revocation of license |
| 20-297 | Assumed business name; trade name |
| 20-298 | Commissions |
| 20-299 | Sharing of information |
| 20-300 | Reciprocity |
| 20-301 | Report of actions |
| 20-302 | Rules |
| Article 3.1 | Managing General Agents |
| 20-311 | Definition of managing general agent; exceptions; adjustment or payment of claims |
| 20-311.01 | Licensing of managing general agents; surety deposit; definition |
| 20-311.02 | Requirements for managing general agent agreements |
| 20-311.03 | Application of other laws |
| Article 3.2 | Adjusters |
| 20-321 | Definition of adjuster; exception |
| 20-321.01 | Licensing of adjusters; qualifications; exemption |
| 20-321.02 | Application of other laws |
| Article 3.3 | Other Insurance Professionals |
| 20-331 | Rental car agents; definitions |
| 20-331.01 | Political subdivision employees; risk management consultant licenses |
| Article 3.4 | Definitions |
| 20-340 | Definitions |
| 20-340.01 | Bail bond agents; business entities; place of business; receipt; maintenance of records |
| 20-340.02 | Bond of bail bond agents |
| 20-340.03 | Bail bond agent prohibitions |
| 20-340.04 | Bail recovery agent prohibitions; criminal records checks |
| 20-340.05 | Rules |
| 20-340.06 | Application of other laws |
| Article 4 | Rates and Rating Organizations |
| 20-341 | Purpose of insurance rate regulation |
| 20-342 | Scope and application of article |
| 20-343 | Definitions |
| 20-344 | Uniform plans |
| 20-356 | Making of rates |
| 20-357 | Filing of rating system; definition |
| 20-358 | Disapproval of rates |
| 20-359 | Deviations from filed workers' compensation rates |
| 20-361 | Licensing of rating organizations |
| 20-362 | Notice to director of changes in rating organization |
| 20-363 | Availability of services of rating organization to members |
| 20-364 | Technical services |
| 20-365 | Cooperation in rate making |
| 20-366 | Appeal by member or subscriber from action relating to filings |
| 20-367 | Workers' compensation appeals board; composition; board termination |
| 20-367.01 | Appeals procedure |
| 20-368 | Advisory organizations |
| 20-369 | Joint underwriting or joint reinsurance |
| 20-370 | Examinations of rating organizations |
| 20-371 | Rate administration |
| 20-372 | Disclosure of information relating to rates |
| 20-373 | Commissions and fees |
| 20-374 | Revocation and suspension of licenses |
| 20-375 | Making of title insurance rates |
| 20-376 | Filing of title insurance rates; approval or disapproval |
| 20-377 | Justification for title insurance rates |
| 20-378 | Disapproval of title insurance filings |
| 20-379 | Deviations in title insurance rates |
| Article 4.1 | Open Competition Rates and Rating Organizations |
| 20-381 | Definitions |
| 20-382 | Scope of application |
| 20-383 | Rate standards |
| 20-384 | Rating criteria |
| 20-385 | Filing of rates |
| 20-386 | Filings open to inspection |
| 20-387 | Delegation of rate making and rate filing obligations |
| 20-388 | Disapproval of rates |
| 20-389 | Rate service organizations; license; application |
| 20-390 | Advisory organizations; filing with director |
| 20-391 | Joint underwriting and joint reinsurance organizations; filing with director |
| 20-392 | Rate agreements among insurers prohibited |
| 20-393 | Recording and reporting of experience |
| 20-394 | Examination of rate service organizations and joint underwriting and joint reinsurance organizations |
| 20-395 | Apportionment agreements among insurers |
| 20-396 | Hearing and judicial review |
| 20-397 | Penalties; exception |
| 20-398 | Policy forms; approval or disapproval; exemption |
| 20-399 | Payment of dividends |
| Article 4.2 | Compliance With Filed Rates |
| 20-400 | Scope of provisions |
| 20-400.01 | Unjustified adjustments |
| 20-400.02 | Submittal of data comparing premiums charged to filed rates |
| 20-400.03 | Penalties |
| 20-400.04 | Examinations |
| 20-400.05 | Examiners and examination related expenses |
| 20-400.07 | Report of examination |
| 20-400.08 | Insurance consumer advisory board |
| 20-400.09 | Rules |
| 20-400.10 | Industrial insureds |
| Article 5 | Unauthorized Insurers |
| 20-401 | Definitions |
| 20-401.01 | Unlawful transaction of insurance business; exemptions |
| 20-401.02 | Violation; cease and desist orders; injunctive relief |
| 20-401.03 | Service of process in an action by the director of insurance |
| 20-401.04 | Action by attorney general to enforce order or decision of court or director; foreign decrees |
| 20-401.05 | Certificate of exemption; definitions |
| 20-401.06 | Unauthorized transactions; classification |
| 20-401.07 | Premium receipts tax on industrial insureds contracting with unauthorized insurer; definitions |
| 20-402 | Validity of contracts |
| 20-403 | Service of process in an action by someone other than the director of insurance |
| 20-404 | Exemptions |
| 20-405 | Prerequisites for participating in court action |
| 20-406 | Attorneys' fees in action against insurer |
| 20-407 | Surplus lines; brokers |
| 20-408 | Report of broker; civil penalty |
| 20-409 | Recognized surplus lines |
| 20-410 | Validity of surplus lines insurance; disclosure; policy fees |
| 20-411 | Licensing of surplus lines broker; examination |
| 20-411.01 | Licensing of Mexican insurance surplus lines broker |
| 20-411.02 | Nonresident surplus lines broker; remittance of tax on insurance procured out of state |
| 20-412 | Acceptance of surplus lines business by broker |
| 20-413 | Placing of surplus lines coverage; endorsement by broker; list of unauthorized insurers; removal from list; definition |
| 20-414 | Records of surplus lines brokers |
| 20-415 | Statement of surplus lines insurance business transacted by broker; reporting periods |
| 20-416 | Tax on surplus lines |
| 20-417 | Failure to remit tax; civil penalty |
| 20-418 | Denial, revocation or suspension of license; civil penalty |
| 20-419 | Legal process against surplus lines insurer |
| 20-420 | Exemptions from surplus lines provisions |
| 20-421 | Access of director to records of person insured by unauthorized insurer |
| 20-422 | Alien insurance for coverage in Mexico |
| Article 6 | Unfair Practices and Frauds |
| 20-441 | Purpose of article; definition |
| 20-442 | Unfair trade practices prohibited |
| 20-443 | Misrepresentations and false advertising of policies |
| 20-443.01 | Misrepresentation in sale of insurance; violation; classification |
| 20-444 | False or deceptive advertising of insurance or status as insurer |
| 20-445 | Defamation |
| 20-446 | Acts tending to result in unreasonable restraint or monopoly of insurance business |
| 20-447 | False financial statements or records |
| 20-448 | Unfair discrimination; definitions |
| 20-448.01 | Required insurance procedures relating to HIV information; confidentiality; violations; penalties; definitions |
| 20-448.02 | Genetic testing; informed consent; definitions |
| 20-449 | Rebates on life or disability insurance |
| 20-450 | Practices not prohibited as discrimination or rebates in life and disability insurance |
| 20-451 | Rebates on other than life or disability insurance |
| 20-452 | Prohibited inducements |
| 20-452.01 | Designation of particular insurer or person transacting insurance prohibited |
| 20-452.02 | Exceptions |
| 20-452.03 | Evidence of nonviolation |
| 20-452.04 | Investigation by director of alleged violations |
| 20-453 | Programs for purchase by policyholders of securities of insurance companies |
| 20-454 | Programs for purchase by policyholders of securities of companies not engaged in insurance |
| 20-455 | Interlocking ownership or management; multiple directorship |
| 20-456 | Cease and desist order for defined or prohibited practices; civil penalty |
| 20-457 | Premature disposal of premium notes prohibited |
| 20-458 | Fraudulent statement in application; classification |
| 20-459 | Deferred dividends; life |
| 20-460 | Free choice of insurance producer |
| 20-461 | Unfair claim settlement practices |
| 20-462 | Timely payment of claims |