WHO MUST BE LICENSED?

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).


An entity cannot provide an insurer with the services defined for a rate services organization, and an insurer cannot utilize an entity to provide services defined for a rate service organization, unless the entity is licensed as a rate services organization. A licensed rate services organization cannot refuse to provide services to an Arizona-authorized insurer that offers to pay the fair and usual price for the services. ARS § 20-389.