Arizona § 20-490.02 Enforcement; civil penalty

Arizona Statutes

§ 20-490.02 — Enforcement; civil penalty

Arizona § 20-490.02

Title 20Arizona Revised Statutes

Ch. 2TRANSACTION OF INSURANCE BUSINESS

Art. 14Enforcement of Insurance Policies Affecting Certain Holocaust Victims

This text of Arizona § 20-490.02 (Enforcement; civil penalty) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ariz. Rev. Stat. Ann. § 20-490.02 (2026).

Text

A.An insurer that fails to comply with a claim brought pursuant to this article by denying the claim on the grounds that the claim is not timely or by asserting a statute of limitations defense violates this article.

B.If the director considers it necessary, the director may initiate an examination under section 20-156.

C.If the director believes that an insurer has violated or is violating this article the director may:

1.Issue a cease and desist order.

2.Assess a civil penalty of not more than one thousand dollars for each act or violation but not to exceed an aggregate civil penalty of ten thousand dollars.

3.Refer the matter to the attorney general for appropriate enforcement.

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A. An insurer that fails to comply with a claim brought pursuant to this article by denying the claim on the grounds that the claim is not timely or by asserting a statute of limitations defense violates this article.

B. If the director considers it necessary, the director may initiate an examination under section 20-156.

C. If the director believes that an insurer has violated or is violating this article the director may:

1. Issue a cease and desist order.

2. Assess a civil penalty of not more than one thousand dollars for each act or violation but not to exceed an aggregate civil penalty of ten thousand dollars.

3. Refer the matter to the attorney general for appropriate enforcement.