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AZ SB1506
Bill
Status
Introduced
1/31/2012
Primary Sponsor
Judy Burges
Click for details
AI Summary
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Amends Arizona Revised Statutes section 20-236 regarding civil penalties for insurers that fail to respond to financial responsibility verification requests.
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Requires insurers to respond in writing within thirty days to financial responsibility verification requests made pursuant to section 28-4143.
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Imposes civil penalties of up to $250 per violation, with an aggregate cap of $20,000 in any six-month period for non-compliance.
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Changes language to clarify that verification requests are "required" rather than discretionary.
Legislative Description
Financial responsibility; verification; technical correction
Last Action
Referred to Senate RULES Committee
2/1/2012
Full Bill Text
No bill text available