reglab/housing_qa huggingface dataset:
AR Code § 23-61-1110 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 61 - State Insurance Department|Subchapter 11 - State Board of Embalmers, Funeral Directors, Cemeteries, and Burial Services|§ 23-61-1110. Burial associations

 (a) The State Board of Embalmers, Funeral Directors, Cemeteries, and Burial Services may:  (1) Grant certificates of authority to burial associations;  (2) Revoke certificates of authority, charters, or other authority granted to burial associations in this state;  (3) Fix the minimum assessments or minimum membership dues for which burial associations may issue certificates for benefits in specified amounts;  (4) Supervise the affairs of all burial associations organized or operating in this state;  (5) Conduct hearings as provided in this subchapter and collect, receive, hold, and expend annual license fees under this subchapter and § 23-78-101 et seq.;  (6) Adopt and enforce such rules as the board deems necessary and expedient for the proper operation of the burial association and the carrying out of the objects and purposes of this subchapter;  (7) Establish actuarial rates and reserve requirements necessary to ensure the financial integrity of all burial associations;  (8) Approve requests from burial associations that have excess financial resources, as determined by the board, to adopt a plan to pay death benefits in excess of the face value of a certificate of benefits issued by the burial association to members of the burial association; and  (9) Approve or disapprove an application for the dissolution, merger, or reorganization of a burial association organized and operating in this state.    (b) The board may determine issues between different burial associations and between burial associations and their respective members, and render binding decisions, subject to appeal.
AR Code § 23-61-1111 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 61 - State Insurance Department|Subchapter 11 - State Board of Embalmers, Funeral Directors, Cemeteries, and Burial Services|§ 23-61-1111. Duties of State Insurance Department

 (a) The State Insurance Department shall assist the State Board of Embalmers, Funeral Directors, Cemeteries, and Burial Services in the performance of the duties of the board.  (b) Assistance under subsection (a) of this section shall include without limitation:  (1) Receiving and disseminating filings, questions, and requests on behalf of the board to the members of the board in advance of each meeting;  (2) Reviewing all filings, questions, and requests on behalf of the board and offering the department's opinion on the resolution of the matter;  (3) Issuing written responses regarding complaints received by the board;  (4) Scheduling all meetings in conjunction with the Chair of the State Board of Embalmers, Funeral Directors, Cemeteries, and Burial Services;  (5) Providing appropriate legal notices for all scheduled meetings;  (6) Establishing a site where meetings of the board may be held;  (7) When necessary, scheduling the services of a court reporter for all meetings of the board;  (8) Providing legal representation and assistance through the legal staff of the department to the board in matters pertaining to this subchapter;  (9) Acting as a liaison between the board and any court involved in the administration of any perpetual care cemetery placed in receivership;  (10) Performing inspections at burial associations, cemeteries, funeral homes, funeral establishments and crematoriums for which complaints have been received by the board;  (11) Performing special audits and examinations as necessary;  (12) Scheduling, performing, and assisting in performing regular audits and examinations of cemeteries, funeral homes, funeral establishments, and crematoriums;  (13) Administering or assisting in administering the annual reporting for all perpetual care cemeteries; and  (14) Assisting in the formulation of legislation on behalf of the board.
AR Code § 23-62-101 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 62 - Kinds of Insurance — Reinsurance|Subchapter 1 - Definitions|§ 23-62-101. Definitions not mutually exclusive

 It is intended that certain insurance coverages may come within the definitions of two (2) or more kinds of insurance as defined in this subchapter and §§ 23-62-201, 23-62-202, 23-62-203, 23-62-204, 23-62-205, and 23-63-701, and the inclusion of the coverage within one (1) definition shall not exclude it as to any other kind of insurance within the definition of which that coverage is reasonably includable.
AR Code § 23-62-102 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 62 - Kinds of Insurance — Reinsurance|Subchapter 1 - Definitions|§ 23-62-102. Life insurance

 (a) As used in the Arkansas Insurance Code, unless the context otherwise requires, “life insurance” is insurance on human lives.  (b) The transaction of life insurance includes also the granting of endowment benefits, benefits for expenses incurred in connection with death, additional benefits in event of death or dismemberment by accident or accidental means, additional benefits in event of the insured's disability, and optional modes of settlement of proceeds of life insurance.  (c) Transaction of life insurance does not include workers' compensation, as defined in § 23-62-105(a)(3).
AR Code § 23-62-103 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 62 - Kinds of Insurance — Reinsurance|Subchapter 1 - Definitions|§ 23-62-103. Accident and health insurance

 (a) As used in the Arkansas Insurance Code, unless the context otherwise requires, “accident and health insurance” is insurance of human beings against bodily injury, disablement, or death by accident or accidental means or the expense thereof or against loss of income due to disablement or expense resulting from sickness and every insurance appertaining thereto.  (b) Transaction of accident and health insurance does not include workers' compensation, as defined in § 23-62-105(a)(3).
AR Code § 23-62-104 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 62 - Kinds of Insurance — Reinsurance|Subchapter 1 - Definitions|§ 23-62-104. Property insurance

 As used in the Arkansas Insurance Code, unless the context otherwise requires, “property insurance” is insurance on real or personal property of every kind and of every interest therein, whether on land, water, or in the air, against loss or damage from any and all hazard or cause and against loss consequential upon the loss or damage, other than noncontractual legal liability for the loss or damage.
AR Code § 23-62-106 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 62 - Kinds of Insurance — Reinsurance|Subchapter 1 - Definitions|§ 23-62-106. Surety insurance

 As used in the Arkansas Insurance Code, unless the context otherwise requires, “surety insurance” includes:   (1) Fidelity insurance, which is insurance guaranteeing the fidelity of persons holding positions of public or private trust;  (2) Insurance guaranteeing the performance of contracts, other than insurance policies, and guaranteeing and executing bonds, undertakings, and contracts of suretyship; and  (3) Insurance indemnifying banks, bankers, brokers, and financial or moneyed corporations or associations against loss, resulting from any cause, of bills of exchange, notes, bonds, securities, evidences of debt, deeds, mortgages, warehouse receipts or other valuable papers, documents, money, precious metals and articles made therefrom, jewelry, watches, necklaces, bracelets, gems, precious and semiprecious stones, including any loss while they are being transported in armored motor vehicles or by messenger, but not including any other risks of transportation or navigation; also, insurance against loss or damage to an insured's premises or to his or her furnishings, fixtures, equipment, safes and vaults therein caused by burglary, robbery, theft, vandalism, or malicious mischief, or any attempt thereof.
AR Code § 23-62-107 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 62 - Kinds of Insurance — Reinsurance|Subchapter 1 - Definitions|§ 23-62-107. Marine insurance

 As used in the Arkansas Insurance Code, unless the context otherwise requires, “marine insurance” includes:   (1) Insurance against any and all kinds of loss or damage to:  (A) Vessels, craft, aircraft, cars, automobiles, and vehicles of every kind as well as all goods, freights, cargoes, merchandise, effects, disbursements, profits, moneys, bullion, precious stones, securities, choses in action, evidences of debt, valuable papers, bottomry and respondentia interests, and all other kinds of property and interests therein, in respect to, appertaining to, or in connection with any and all risks or perils of navigation, transit, or transportation, including war risks, on or under any seas or other waters, on land or in the air, or while being assembled, packed, crated, baled, compressed, or similarly prepared for shipment or while awaiting shipment or during any delays, storage, transshipment, or reshipment incident thereto, including marine builder's risks and all personal property floater risks;  (B) Person or property in connection with or appertaining to a marine, inland marine, transit, or transportation insurance, including liability for, loss of or damage to either, arising out of or in connection with the construction, repair, operation, maintenance, or use of the subject matter of the insurance, but not including life insurance or surety bonds nor insurance against loss by reason of bodily injury to the person arising out of the ownership, maintenance, or use of automobiles;  (C) Precious stones, jewels, jewelry, gold, silver, and other precious metals, whether used in business or trade or otherwise and whether they are in course of transportation or otherwise; and  (D) Bridges, tunnels, and other instrumentalities of transportation and communication, excluding buildings, their furniture and furnishings, fixed contents and supplies held in storage, unless fire, tornado, sprinkler leakage, hail, explosion, earthquake, riot or civil commotion are the only hazards to be covered; piers, wharves, docks and ships, excluding the risks of fire, tornado, sprinkler leakage, hail, explosion, earthquake, riot or civil commotion; other aids to navigation and transportation, including dry docks and marine railways, against all risks;    (2) “Marine protection and indemnity insurance”, meaning insurance against, or against legal liability of the insured for, loss, damage, or expense arising out of, or incident to, the ownership, operation, chartering, maintenance, use, repair, or construction of any vessel, craft, or instrumentality in use in ocean or inland waterways, including liability of the insured for personal injury, illness, or death or for loss of or damage to the property of another person; and  (3) Travel insurance, as defined in § 23-64-234.
AR Code § 23-62-108 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 62 - Kinds of Insurance — Reinsurance|Subchapter 1 - Definitions|§ 23-62-108. Title insurance

 As used in the Arkansas Insurance Code, unless the context otherwise requires, “title insurance” is insurance of owners of property or others having an interest therein, or liens or encumbrances thereon, against loss by encumbrance, a defective or invalid title, adverse claim to title, or closing protection.
AR Code § 23-62-110 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 62 - Kinds of Insurance — Reinsurance|Subchapter 1 - Definitions|§ 23-62-110. Mortgage guaranty insurance

 As used in the Arkansas Insurance Code, “mortgage guaranty insurance” means insurance that insures lenders against financial loss by reason of nonpayment of principal, interest, or other sums agreed to be paid under the terms of any note, bond, or other evidence of indebtedness secured by a mortgage, deed of trust, or other instrument constituting a lien or charge on improved real estate.
AR Code § 23-62-111 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 62 - Kinds of Insurance — Reinsurance|Subchapter 1 - Definitions|§ 23-62-111. Employee benefit stop-loss insurance

 (a) As used in this subchapter, “employee benefit stop-loss insurance” means coverage that insures an employer or an employer-sponsored health plan against the risk that:  (1) One (1) claim will exceed a specific dollar amount; or  (2) The entire loss of a self-insurance plan will exceed a specific dollar amount.    (b) An insurer authorized to transact accident and health insurance business in this state may issue employee benefit stop-loss insurance in this state.  (c) An insurer shall not issue an employee benefit stop-loss insurance policy that:  (1) Has an annual attachment point for claims incurred per individual that is less than twenty thousand dollars ($20,000);  (2) Has an annual aggregate attachment point for groups of fifty (50) or less that is lower than the greater of:  (A) Four thousand dollars ($4,000) multiplied by the number of group members;  (B) One hundred twenty percent (120%) of expected claims; or  (C) Twenty thousand dollars ($20,000);    (3) Has an annual aggregate attachment point for groups of fifty-one (51) or more that is lower than one hundred ten percent (110%) of expected claims; or  (4) Provides for direct coverage of health care expenses of an individual.    (d) The Insurance Commissioner may adopt rules that carry out the requirements of this section, including without limitation rules that require:  (1) Additional standards for employee benefit stop-loss insurance policies; and  (2) Disclosures to policyholders by an insurance carrier providing employee benefit stop-loss insurance.
AR Code § 23-62-201 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 62 - Kinds of Insurance — Reinsurance|Subchapter 2 - Reinsurance Generally|§ 23-62-201. Exception

 This subchapter shall not apply to insurance of wet marine and foreign trade insurance risks.
AR Code § 23-62-202 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 62 - Kinds of Insurance — Reinsurance|Subchapter 2 - Reinsurance Generally|§ 23-62-202. Limits of risk

 Any authorized insurer may accept reinsurance only of such risks, in this state, and retain risk thereon within such limits, as it is authorized to insure.
AR Code § 23-62-203 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 62 - Kinds of Insurance — Reinsurance|Subchapter 2 - Reinsurance Generally|§ 23-62-203. Rules

 The Insurance Commissioner may adopt reasonable rules to implement the provisions of this subchapter.
AR Code § 23-62-204 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 62 - Kinds of Insurance — Reinsurance|Subchapter 2 - Reinsurance Generally|§ 23-62-204. Allowance of credit

 (a)  (1) Except as provided in subsection (b) of this section, no credit shall be allowed as an asset or a deduction from liability to any ceding insurer for reinsurance unless the reinsurance contract provides that in the event of the insolvency of the ceding insurer, the reinsurance is payable under one (1) or more contracts reinsured by the assuming insurer on the basis of reported claims allowed by the liquidation court without diminution because of the insolvency of the ceding insurer.  (2) The payments shall be made directly to the ceding insurer or to its domiciliary liquidator unless:  (A) The contract or other written agreement specifically provides another payee of the reinsurance in the event of the insolvency of the ceding insurer; or  (B) The assuming insurer with the consent of the direct insured or insureds has assumed the policy obligations of the ceding insurer as direct obligations of the assuming insurer to the payees under the policies and in substitution for the obligations of the ceding insurer to the payees.      (b)  (1) If a life and health insurance guaranty association has made the election to succeed to the rights and obligations of the insolvent insurer under the contract of reinsurance, then the reinsurer's liability to pay covered reinsured claims shall continue under the contract of reinsurance, provided that the reinsurer is paid the reinsurance premiums for coverage.  (2) Payment of the reinsured claims shall be made by the reinsurer only pursuant to the direction of the guaranty association or its designated successor.  (3) Any claim payment made at the direction of the guaranty association or its designated successor by the reinsurer will discharge the reinsurer of all further liability to any other party for the payment.    (c)  (1) The reinsurance agreement may provide that the domiciliary liquidator of an insolvent ceding insurer shall give written notice to the assuming insurer of the pendency of a claim against the ceding insurer on the contract reinsured within a reasonable time after the claim is filed in the liquidation proceeding.  (2) During the pendency of the claim, any assuming insurer may investigate the claim and interpose at its own expense in the proceeding any defenses which it deems available to the ceding insurer or its liquidator.  (3) The expense of asserting a defense may be filed as a claim against the insolvent ceding insurer to the extent of a proportionate share of the benefit which may accrue to the ceding insurer solely as a result of the defense undertaken by the assuming insurer.  (4) If two (2) or more assuming insurers are involved in a claim and a majority in interest elect to interpose one (1) or more defenses to the claim, the expense shall be apportioned in accordance with the terms of the reinsurance agreement as though the expense had been incurred by the ceding insurer.
AR Code § 23-62-301 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 62 - Kinds of Insurance — Reinsurance|Subchapter 3 - Arkansas Credit for Reinsurance Law|§ 23-62-301. Title — Applicability

 (a) This subchapter may be cited as the “Arkansas Credit for Reinsurance Law”.  (b) All reserves ceded to a nonadmitted reinsurer on insurance written in this state shall be subject to the provisions of this subchapter.
AR Code § 23-62-302 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 62 - Kinds of Insurance — Reinsurance|Subchapter 3 - Arkansas Credit for Reinsurance Law|§ 23-62-302. Sections 23-62-201, 23-62-202, 23-62-204, and 23-62-205 applicable — Purpose — Construction

 (a) Reinsurance of insurance risks by domestic and foreign insurance companies is also regulated under the provisions of §§ 23-62-201, 23-62-202, 23-62-204, and 23-62-205.  (b)  (1) The purpose of this subchapter is to protect the interest of insureds, claimants, ceding insurers, assuming insurers, and the public generally. The General Assembly declares its intent is to ensure adequate regulation of insurers and reinsurers and adequate protection for those to whom they owe obligations.  (2) In furtherance of the state's interest, the General Assembly provides a mandate that upon the insolvency of an insurer or reinsurer not domiciled in the United States that provides security to fund its obligations within the United States in accordance with this subchapter:  (A) The assets representing the security shall be maintained in the United States, and claims shall be filed with and valued by the state insurance commissioner with regulatory oversight; and  (B) The assets shall be distributed in accordance with the insurance laws of the state in which the trust is domiciled that are applicable to the liquidation of domestic United States insurance companies.    (3) The General Assembly further declares that the matters contained in this subchapter are fundamental to the business of insurance in accordance with 15 U.S.C. §§ 1011-1012, as it existed on January 1, 2005.    (c)  (1) Nothing in this subchapter is intended to prohibit or discourage reasonable competition or to prohibit or discourage the continued availability of insurance regulated by this subchapter.  (2) The provisions of this subchapter shall be liberally construed.
AR Code § 23-62-303 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 62 - Kinds of Insurance — Reinsurance|Subchapter 3 - Arkansas Credit for Reinsurance Law|§ 23-62-303. Report of funds withheld under reinsurance treaties

 Deposits and funds withheld under reinsurance treaties shall be reported in the annual statement in the exhibit entitled “Special Deposits Not for the Protection of All Policyholders”.
AR Code § 23-62-304 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 62 - Kinds of Insurance — Reinsurance|Subchapter 3 - Arkansas Credit for Reinsurance Law|§ 23-62-304. Agreement examination

 The Insurance Commissioner shall have the right to examine any of the reinsurance agreements or deposit arrangements of the ceding insurer at any time.
AR Code § 23-62-306 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 62 - Kinds of Insurance — Reinsurance|Subchapter 3 - Arkansas Credit for Reinsurance Law|§ 23-62-306. Asset or reduction from liability for reinsurance ceded by domestic insurer to assuming insurer — Noncompliant assuming insurer

 (a) An asset or a reduction from liability for the reinsurance ceded by a domestic insurer to an assuming insurer not meeting the requirements of § 23-62-305 shall be allowed in an amount not exceeding the liabilities carried by the ceding insurer.  (b) The reduction shall be in the amount of funds held by or on behalf of the ceding insurer, including funds held in trust for the ceding insurer, under a reinsurance contract with the assuming insurer as security for the payment of obligations thereunder, if the security is held:  (1) In the United States subject to withdrawal solely by, and under the exclusive control of, the ceding insurer; or  (2) In the case of a trust, in a qualified United States financial institution as defined in § 23-62-307(b).    (c) The security may be in the form of:  (1) Cash;  (2) Securities listed by the Securities Valuation Office of the National Association of Insurance Commissioners, including those deemed exempt from filing as defined by the Purposes and Procedures Manual of the Securities Valuation Office, and qualifying as admitted assets;  (3)  (A) Clean, irrevocable, unconditional letters of credit, issued or confirmed by a qualified United States financial institution as defined in § 23-62-307(a), effective no later than December 31 of the year for which filing is being made, and in the possession of, or in trust for, the ceding insurer on or before the filing date of its annual statement.  (B) Letters of credit meeting applicable standards of issuer acceptability as of the dates of their issuance or confirmation, notwithstanding the issuing or confirming institution's subsequent failure to meet applicable standards of issuer acceptability, shall continue to be acceptable as security until their expiration, extension, renewal, modification, or amendment, whichever first occurs; or    (4) Any other form of security acceptable to the Insurance Commissioner.