Authority to promulgate rules.
Ark. Code Ann. § 23-97-320
in effectThe Insurance Commissioner shall issue rules for long-term care insurance to:
(1) Promote premium adequacy;
(2) Protect the policyholder in the event of substantial rate increases; and
(3) Establish minimum standards for:
(A) Marketing practices;
(B) Agent compensation;
(C) Agent testing;
(D) Penalties; and
(E) Reporting practices.
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