Arkansas Statutes
§ 23-61-101 — State Insurance Department - Continuation - Assignment of space
Arkansas·Title 23
(a)(1) There is created the State Insurance Department.
(2)The State Insurance Department is a division of the Department of Commerce.
(b)Suitable space shall be assigned for the use of the State Insurance Department.
(c)(1) (A) The purpose of the State Insurance Department is to serve and protect the public interest by the equitable enforcement of the state's laws and rules affecting the insurance industry.
(B)The primary mission of the State Insurance Department shall be consumer protection through insurer solvency and market conduct regulation, and fraud prosecution and deterrence.
(2)Nothing in this subsection shall be construed to limit the Insurance Commissioner's authority as enumerated in other provisions of the Arkansas Insurance Code.
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Related
Baggett v. Shelter Mutual Insurance Company
(W.D. Arkansas, 2019)
Legislative History
Amended by Act 2019, No. 315,§ 2610, eff. 7/24/2019. Amended by Act 2019, No. 910,§ 590, eff. 7/1/2019. Acts 1959, No. 148, § 16; A.S.A. 1947, § 66-2101; Acts 2001, No. 610, § 1.
Nearby Sections
15
§ 23-1-101
Definitions§ 23-1-103
Compliance with Acts 1935, No. 324, and rules of commission required - Penalties for noncompliance§ 23-1-106
Penalties cumulative - Recovery of penalty not bar to further penalty or criminal prosecution§ 23-1-108
Jurisdiction and venue of actions§ 23-1-110
Actions tried without jury - Exceptions§ 23-1-111
Copies of official papers as evidence§ 23-1-115
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