20-219. Mandatory revocation or suspension The director shall refuse to renew or shall revoke or suspend an insurer's certificate of authority: 1. If such action is required by any provision of this title, or 2. If the insurer no longer meets the requirements for the authority originally granted, on account of deficiency in assets or otherwise.
Arizona Legal Code
§ 20.219
Source: https://www.azleg.gov/ars/20/00219.htm· Version 2026