Notice of Final Exempt Rulemaking – Credit for Reinsurance (10/23/2015)
On October 23, 2015, the Arizona Department of Insurance (“Department”) published a Notice of Final Exempt Rulemaking in the Arizona Register, (21 A.A.R. 2448, October 23, 2015). The rulemaking conforms Article 16 – Credit for Reinsurance, AAC R20-6-1601 through R20-6-6012 and Exhibits A through D, to recent updates to A.R.S. §§ 20-261.03, 20-261.05 through 20-261.08 (Credit for Reinsurance). The Department made these updates to retain its accreditation with the National Association of Insurance Commissioners. The rule is effective on November 30, 2015.
Until a final version is published in the Arizona Administrative Code, the Department is making a clean copy of the rule changes available on its website at: https://insurance.az.gov/insurers/licensingregistration/reinsurer.
Please contact Mary Kosinski at [email protected] or (602) 364-3471 if you have questions.