Learn About The Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of March 28, 2024 | Updated by Findlaw Staff
Any advisory organization, in addition to other activities permitted, is authorized to:
(1) Develop statistical plans, including territorial and class definitions;
(2) Collect statistical data from members, subscribers, or any other source;
(3) Prepare and distribute pure premium data, adjusted for loss development and loss trending, in accordance with its statistical plans;
(4) Prepare, distribute, and file rates and supplementary rate information except as prohibited by § 23-67-215(b). Those filings made by advisory organizations shall be for advisory purposes only and shall not be made on behalf of any insurer;
(5) Distribute information that is filed with the Insurance Commissioner and open to public inspection;
(6) Conduct research and on-site inspections in order to prepare classifications of public fire defenses;
(7) Consult with public officials regarding public fire protection as it would affect members, subscribers, and others;
(8) Conduct research and collect statistics in order to discover, identify, and classify information relating to cause or prevention of losses;
(9) Prepare and file policy forms and endorsements and consult with members, subscribers, and others relative to their use and application;
(10) Conduct research and on-site inspections for the purpose of providing risk information relating to individual structures;
(11) Collect, compile, and distribute past and current prices of individual insurers if that information is made available to the general public;
(12) File rates, supplementary rate information, and supporting information for residual market mechanisms; and
(13) Furnish any other services not prohibited by this chapter.
Cite this article: FindLaw.com - Arkansas Code Title 23. Public Utilities and Regulated Industries § 23-67-216. Allowable activities - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-23-public-utilities-and-regulated-industries/ar-code-sect-23-67-216/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)