(a) As early in the calendar year as reasonably possible, the Insurance Commissioner annually shall prepare and deliver a report to the Secretary of the Department of Commerce showing, with respect to the preceding calendar year: (1) Names of the authorized insurers transacting insurance in this state, with a summary of their financial statements that the commissioner considers proper;(2) Names of admitted insurers that closed during the year or entered liquidation, a concise statement concerning the cause for each proceeding, and the amount of assets and liabilities as ascertainable;(3) The total receipts and expenses of the State Insurance Department for the year; and(4) Other pertinent information and matters the commissioner considers proper.(b) If the information required under subsection (a) of this section is contained on the state or the department's website under § 25-19-108 or the Arkansas Financial Transparency Act, § 25-1-401 et seq., the report may refer to the web address where the information is located.Amended by Act 2019, No. 910,§ 598, eff. 7/1/2019.Amended by Act 2015, No. 1164,§ 1, eff. 7/22/2015.Amended by Act 2013, No. 355,§ 1, eff. 8/16/2013.Acts 1959, No. ss where the information is located.Amended by Act 2019, No. 910,§ 598, eff. 7/1/2019.Amended by Act 2015, No. 1164,§ 1, eff. 7/22/2015.Amended by Act 2013, No. 355,§ 1, eff. 8/16/2013.Acts 1959, No. 148, § 29; A.S.A. 1947, § 66-2114.
Arkansas Legal Code