INSURERS

NEW AGENCY


Arizona Department of Insurance
100 North 15th Avenue, Suite 261

Phoenix, AZ  85007-2630


Starting July 1, 2020, we became the
Department of Insurance and Financial Institutions (DIFI).


NEWS



INSURER ANNUAL ASSESSMENT PAYMENTS DUE AUGUST 10, 2020


COVID-19-RELATED RELIEF TO PROPERTY AND CASUALTY INSURANCE CUSTOMERS

Given the extraordinary circumstances insurance customers are facing, the Arizona Department of Insurance will not take regulatory action against property and casualty insurers for COVID-19-related customer relief payments or premium forgiveness programs provided during the period of the governor-declared public health emergency, even if those payments exceed the $100 limit in Arizona's prohibited inducement statute, so long as they are implemented in a manner that is not unfairly discriminatory to customers (e.g., the criteria for receiving relief are not unfairly discriminatory and all customers who meet the criteria receive the relief).  Insurers who implement a customer relief payment or premium forgiveness program in Arizona must make an informational filing in SERFF, notifying the Department of the following:

  • A detailed description of the scope and terms of the relief payment and premium forgiveness programs, including any policyholder eligibility criteria being used, if any;
     
  • A description of the basis used to determine the % or dollar amount of the payment;
     
  • A description of how your customers are being informed of their right to receive a payment or premium forgiveness; and
     
  • Confirmation that your program deployment ensures that customers are not subjected to unfair discrimination.

The INSURERS section of our web site provides information to insurance companies and insurance intermediaries that want to be authorized/registered to operate in Arizona.

Licensing/Registration Requirements and forms for an insurance company or insurance intermediary to obtain authority to operate in Arizona and for acquisitions and holding company registrations.
Trust Deposits  Forms and instructions for establishing trust accounts and making required trust deposits through the Department of Insurance.
Financial Reporting Forms that insurers need to complete to satisfy periodic financial reporting requirements.
Rates, Forms & Compliance

Information about form, rate, advertising and contract filing requirements; and, required surveys and reports for

Laws and Rules  Links to sites where you can access laws and rules you need to understand so you can remain in compliance.
Insurance Fraud  Information about the Arizona Department of Insurance Fraud Unit and ways to report suspected insurance fraud
Taxes Forms and instructions for reporting and paying insurance premium tax.
File a Health Care Appeal Portal allowing health insurers to file health care appeals with the Arizona Department of Insurance for external independent review pursuant to Arizona Revised Statutes § 20-2537.

 

FY 2021 Insurer Notice of Assessment

Follow instructions on the first page to locate your page(s) of the document.

Use your OPTins "Assessment" account (optins.org) to pay your assessments.

Form C-RFI

An insurer completes and includes Form C-RFI when responding to a Department of Insurance request for information relating to a complaint from the insurer's customers.  

List of Domestic Surplus Lines Insurers

Surplus lines brokers must place business with an Arizona-authorized insurer when insurance is procurable from an authorized insurer.  When insurance is not procurable from an authorized insurer, a surplus lines broker may procure coverage from a Domestic Surplus Lines Insurer, from an insurer on Arizona's List of Qualified Unauthorized Surplus Line Insurers, or from an insurer on the NAIC Quarterly Listing of Alien Insurers.

List of Qualified Unauthorized Surplus Line Insurers

Surplus lines brokers must place business with an Arizona-authorized insurer when insurance is procurable from an authorized insurer.  When insurance is not procurable from an authorized insurer, a surplus lines broker may procure coverage from a Domestic Surplus Lines Insurer, from an insurer on Arizona's List of Qualified Unauthorized Surplus Line Insurers, or from an insurer on the NAIC Quarterly Listing of Alien Insurers.

ADOI Fee Schedule

Fees are nonrefundable upon payment.  ARS § 20-167(A)