Arkansas Insurance Department News

Arkansas Insurance Department Initiates State Based System Process

The Arkansas Insurance Department announced that it has completed the initial phase of the State Based Systems (SBS) implementation process, making it the latest state to take advantage of the National Association of Insurance Commissioners’ (NAIC) electronic application for its …

Insurance Licensing Delay in Arkansas for 10 Days in October

Arkansas Insurance Commissioner Jay Bradford is alerting insurance agents, agencies and others that the Arkansas Insurance Department (AID) is converting to a new State Based Systems (SBS) which will mean a temporary stoppage in the processing of appointments, renewals and …

Arkansas Implements Moratorium on Policy Non-Renewals, Cancellations

Due the disaster declarations in several Arkansas counties following severe storms, tornadoes and floods beginning April 27, 2014, the Arkansas Insurance Department has implemented a moratorium on cancellation/non-renewal of policies for the non-payment of premiums for Arkansans residing in storm …

Arkansas Insurance Department Outlines January Fraud Convictions

Ted Hamilton entered a plea of guilty to one count of insurance fraud (D felony) and was given a suspended imposition of sentence for 6 years in the Arkansas Department of Corrections. On September 26, 2011, Hamilton was shopping inside …

ARRUA Assessing Members for 2013

The Arkansas Insurance Department announced that members of the Arkansas Rural Risk Underwriting Association will be assessed $200 this year for the expense of mailing volunteer fire department renewal subscription notices. Under state statute ARRUA’s insurance industry members may be …