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AR SB837
Bill
Status
Failed
4/27/2011
Primary Sponsor
Jeremy Hutchinson
Click for details
AI Summary
- Amends Arkansas Code Title 23, Chapter 66, Subchapter 3 to add section 23-66-322 regulating property and casualty insurance policy cancellations
- Requires insurers to provide insureds 30 days' written notice by certified mail before canceling a property or casualty insurance policy if the policy has been maintained for 2 or more consecutive years
- Written cancellation notice must state the insurer's reasons for cancellation and any actions the insured may take to avoid cancellation
- Defines "casualty insurance" and "property insurance" by reference to existing definitions in Arkansas Code sections 23-62-105 and 23-62-104
Legislative Description
To Regulate The Cancellation Of Certain Insurance Policies.
Last Action
Senate Sine Die adjournment
4/27/2011
Committee Referrals
Insurance & Commerce3/7/2011
Full Bill Text
No bill text available