AR HB1595

Insurance Commissioner may delegate responsibility for the Arkansas Workers' Compensation Insurance Plan, with plan administrators required to be adequately staffed to provide delegated services rather than maintaining a physical office in Arkansas

Extends attorney's bond requirement for reciprocal insurers to apply to both domestic and foreign insurers filing declarations with the Insurance Commissioner

Changes examination frequency for hospital and medical service corporations from every 3 years to every 5 years

Updates service of process rules for domestic insurers to reference Arkansas Rules of Civil Procedure instead of the outdated statutory citation § 16-58-124

Repeals the Comprehensive Health Insurance Pool Act (Arkansas Code Title 23, Chapter 79, Subchapter 5), which established a state high-risk health insurance pool that ceased operations after the Affordable Care Act took effect in 2014