Arkansas § 23-67-216 Advisory organizations - Permitted activities

Arkansas Statutes

§ 23-67-216 — Advisory organizations - Permitted activities

Arkansas § 23-67-216

Title23

This text of Arkansas § 23-67-216 (Advisory organizations - Permitted activities) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ark. Code Ann. § 23-67-216 (2026).

Text

Any advisory organization, in addition to other activities permitted, is authorized to:

(1)Develop statistical plans, including territorial and class definitions;

(2)Collect statistical data from members, subscribers, or any other source;

(3)Prepare and distribute pure premium data, adjusted for loss development and loss trending, in accordance with its statistical plans;

(4)Prepare, distribute, and file rates and supplementary rate information except as prohibited by § 23-67-215(b) . Those filings made by advisory organizations shall be for advisory purposes only and shall not be made on behalf of any insurer;

(5)Distribute information that is filed with the Insurance Commissioner and open to public inspection;

(6)Conduct research and on-site inspections in order to prepare classifi

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Any advisory organization, in addition to other activities permitted, is authorized to: (1) Develop statistical plans, including territorial and class definitions; (2) Collect statistical data from members, subscribers, or any other source; (3) Prepare and distribute pure premium data, adjusted for loss development and loss trending, in accordance with its statistical plans; (4) Prepare, distribute, and file rates and supplementary rate information except as prohibited by § 23-67-215(b) . Those filings made by advisory organizations shall be for advisory purposes only and shall not be made on behalf of any insurer; (5) Distribute information that is filed with the Insurance Commissioner and open to public inspection; (6) Conduct research and on-site inspections in order to prepare classifications of public fire defenses; (7) Consult with public officials regarding public fire protection as it would affect members, subscribers, and others; (8) Conduct research and collect statistics in order to discover, identify, and classify information relating to cause or prevention of losses; (9) Prepare and file policy forms and endorsements and consult with members, subscribers, and others relative to their use and application; (10) Conduct research and on-site inspections for the purpose of providing risk information relating to individual structures; (11) Collect, compile, and distribute past and current prices of individual insurers if that information is made available to the general public; (12) File rates, supplementary rate information, and supporting information for residual market mechanisms; and (13) Furnish any other services not prohibited by this chapter.