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Insurance Arkansas Govpagesindustry RegulationLicensingArkansas Insurance Department Form
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People also ask
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How to file a complaint against an insurance company in Arkansas?
Mail or Fax: To file a complaint by mail, fill out and send this form to the address or fax number listed at the top of the form. Questions: Direct your questions to the Department's phone line at 501-371-2460 or 800-852-5494 or email any questions to insurance.consumers@arkansas.gov. -
How long is the insurance licensing period in Arkansas?
In Arkansas, insurance licenses expire every two years, although depending on when you apply and your date of birth, the initial term may be only one year. Otherwise, the expiration date is on your date of birth, biennially. -
How much does it cost to renew insurance license in Arkansas?
After you have completed your continuing education and you are within 90 days of your license expiration, you can renew your Arkansas insurance license. It'll cost $120 per application to renew your license. -
Who is the primary regulator of the insurance industry?
Introduction. Insurance is regulated by the states. This system of regulation stems from the McCarran-Ferguson Act of 1945, which describes state regulation and taxation of the industry as being in “the public interest” and clearly gives it preeminence over federal law. Each state has its own set of statutes and rules. -
Who is in charge of Arkansas Insurance Department?
The current commissioner is Alan McClain. -
Who oversees insurance companies in Arkansas?
The Arkansas Insurance Department oversees how insurance companies operate in the state. They can impose penalties on your insurance company if they it did not comply with the laws in your state that require insurers to handle claims fairly and in good faith. -
Who regulates insurance in Arkansas?
The primary mission of the State Insurance Department shall be consumer protection through insurer solvency and market conduct regulation, and fraud prosecution and deterrence. -
How do I get my insurance license in Arkansas?
How to Get Your Arkansas Insurance License Complete an Insurance Arkansas Prelicensing Course. ... Pass Your Arkansas Licensing Exam. ... Get Fingerprinted. ... Apply for Arkansas Insurance License. ... Plan to Complete Required Insurance Continuing Education (CE) Credits.
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