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Withdrawal of approval.

Ark. Code Ann. § 23-65-319
in effect
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(a) The Insurance Commissioner may remove an approved surplus lines insurer if the commissioner has reason to believe that the insurer: (1) Is in unsound financial condition; (2) Is no longer eligible under § 23-65-310; (3) Has willfully violated the laws of this state; (4) Does not make reasonably prompt payment of just losses and claims in this state or elsewhere; or (5) Has failed to file its annual statement when due. (b) The commissioner shall promptly mail notice of removals to each surplus lines broker that is currently licensed.
Source: Public.Resource.Org / UniCourt, Official Code of Arkansas Annotated, Release 78 (2020) (unicourt.github.io/cic-code-ar)URL: https://unicourt.github.io/cic-code-ar/transforms/ar/ocar/r78/gov.ar.code.title.23.htmlFetched: 11/8/2026

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