Arkansas Statutes
§ 23-67-506 — Review of filings
Arkansas·Title 23
(a)All malpractice rate filings shall remain on file for public inspection.
(b)Whenever a malpractice insurer files a proposed overall rate increase of twenty percent (20%) or greater, it shall:
(1)Publish notice of the filing for three (3) consecutive business days in a newspaper of general circulation in this state; and (2) Furnish proof of notice to the Insurance Commissioner.
(c)The commissioner may hold a hearing on any malpractice rate increase filing.
(d)The commissioner shall approve or disapprove all malpractice rate filings subject to the standards for rates under § 23-67-502 within sixty (60) days after the date of the filing.
(e)Notwithstanding subsection (d) of this section, the commissioner may approve an excessive rate if he or she finds that the failure to approve the
Free access — add to your briefcase to read the full text and ask questions with AI
Arkansas § 23-67-506 (Review of filings) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 2005, No. 1697, § 19.
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
Citizens band radio equipment