reglab/housing_qa huggingface dataset:
AR Code § 23-88-102 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 88 - Property Insurance|Subchapter 1 - General Provisions|§ 23-88-102. Paying costs of volunteer fire department services

 (a) The amount charged by a volunteer fire department for the cost of its services in responding to a fire on or an emergency call concerning the property of a nonmember within its district shall not exceed an amount equal to the fair market value of the service rendered, except that a claim for services in responding to a fire involving only personal property shall be allowed only for personal property of nonmembers, and the claimed amount shall not exceed five hundred dollars ($500).  (b)  (1) When a volunteer fire department responds to a fire occurring or responds to a 911 or other fire emergency call within its district and the property that is the subject of the alarm is owned by a nonmember and insured in case of any damage resulting from a fire, the insurance company insuring the property against loss shall pay to the volunteer fire department the fair market value of its services from the insurance proceeds.  (2) Notice to both the insurance company and to the insured nonmember by the volunteer fire department for its costs of services shall be by certified mail within thirty (30) days after the date of the services rendered.    (c)  (1)  (A) In the event a nonmember desires to contest an assessment, the nonmember may notify the fire department board of his or her objection to the assessment, and the fire department board shall file a civil suit in the nearest district court within ten (10) days asking for the amount claimed by the fire department.  (B) The district court shall give a hearing on the matter within ten (10) days to determine if the amount claimed is fair compensation for the services rendered.    (2) If the amount of the assessment is contested in district court, the fire department shall immediately notify the insurer of the nonmember's property by certified mail, and the insurer shall upon notification pay into the registry of the court an amount equal to the assessment made by the volunteer fire department for fire services.    (d) The insurer shall not be liable for any amount of money that exceeds the face amount of the policy unless the provisions of the policy provide otherwise.
AR Code § 23-88-104 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 88 - Property Insurance|Subchapter 1 - General Provisions|§ 23-88-104. Fire protection to be considered in property insurance rating plans

 When making a rate or rule filing, an insurer shall include an impact statement concerning the filing's effect on fire protection in the affected area unless the insurer utilizes a public protection classification system maintained by a licensed advisory organization.
AR Code § 23-88-105 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 88 - Property Insurance|Subchapter 1 - General Provisions|§ 23-88-105. Notice required prior to expiration of property insurance policy — Definition

 (a) Except for nonpayment of premium, the insurer shall give either a written notice of nonrenewal or an offer of renewal at least thirty (30) days prior to the expiration of the policy's existing term.  (b) The insurer shall send the insured a written notice and the insurance producer written or electronic notice of the offer of renewal under subsection (a) of this section, indicating the new premium and providing a description of any change in deductible or policy provision in the renewal policy.  (c) As used in this section, “renewal” means the issuance or delivery by an insurer of a policy superseding a policy previously issued by the insurer at the end of the previously issued policy period if the policy is delivered by:  (1) The same insurer; or  (2) An affiliate or subsidiary, as those terms are defined in § 23-63-503, that has a financial strength rating that is:  (A) Issued by an industry-recognized independent insurance rating company; and  (B) At least as good as the insurer issuing the superseded policy.
AR Code § 23-88-106 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 88 - Property Insurance|Subchapter 1 - General Provisions|§ 23-88-106. Expense depreciation applicable when determining value of damaged property in insurance policies — Definitions

 (a) As used in this section:  (1) “Damaged property” means a damaged dwelling, a damaged structure, damaged personal property, or any other damaged property or service, the damage to which is covered under the terms of an insurance policy; and  (2) “Expense depreciation” means depreciation, including but not limited to the cost of goods, materials, labor, and services necessary to replace, repair, or rebuild damaged property.    (b) An insurance policy covering damaged property:  (1) May allow for expense depreciation; and  (2) Shall provide notice within the insurance policy in a form approved by the Insurance Commissioner that expense depreciation may be deducted.    (c) If expense depreciation is applied to a loss for damaged property, the insurer shall provide a written explanation as to how the expense depreciation was calculated.
AR Code § 23-88-201 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 88 - Property Insurance|Subchapter 2 - Antiarson Applications|§ 23-88-201. Purpose

 The purpose of this subchapter is to promote the public welfare by reducing the loss of life and fire damage to property caused by the crime of arson by requiring insurance companies to secure antiarson applications from applicants for new policies of property insurance containing information to control the incidence of arson fraud.
AR Code § 23-88-202 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 88 - Property Insurance|Subchapter 2 - Antiarson Applications|§ 23-88-202. Definition

 As used in this subchapter, “antiarson application” means any application for insurance covering the peril of fire that includes certain questions which shall be answered by the applicant in addition to the basic information normally supplied to an insurer by an applicant.
AR Code § 23-88-203 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 88 - Property Insurance|Subchapter 2 - Antiarson Applications|§ 23-88-203. Issuance of policy or renewal of contract prior to July 4, 1983

 (a) “Insurance policy” and “contract” shall not be construed to mean a property insurance policy issued prior to July 4, 1983, or contract that is being renewed.  (b) However, assignment of the insurance policy or contract because of the transfer of a major financial interest in the insured real property shall require completion of an antiarson application if otherwise required by this subchapter.
AR Code § 23-88-204 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 88 - Property Insurance|Subchapter 2 - Antiarson Applications|§ 23-88-204. Penalty

 Any insurer willfully violating the provisions of this subchapter shall be subject to a fine imposed by the Insurance Commissioner of not more than five hundred dollars ($500).
AR Code § 23-88-205 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 88 - Property Insurance|Subchapter 2 - Antiarson Applications|§ 23-88-205. Promulgation of form by Insurance Commissioner

 (a) In promulgating the antiarson application form, the Insurance Commissioner shall consider generally recognized two-tier application forms. If the initial first-tier application elicits certain predesignated answers, then the administration of a second-tier supplementary application shall be mandatory.  (b) The two-tier application shall secure the disclosure of information, including, but not limited to:  (1) The name and address of the applicant and any mortgagees and any other parties who have an ownership interest in the property;  (2) The amount of insurance requested and the method of valuation used to establish the amount of insurance;  (3) The dates and selling prices of the property in all real estate transactions involving the property during the last three (3) years;  (4) The applicant's loss history over the last five (5) years with regard to any property in which he or she held an equity interest or a mortgage and when any loss exceeded one thousand dollars ($1,000) in damages;  (5) All taxes unpaid or overdue for one (1) or more years and any mortgage payments overdue by three (3) months or more;  (6) All current violations of fire, safety, health, building, or construction codes on the property to be insured; and  (7) The present occupancy of the structure.
AR Code § 23-88-206 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 88 - Property Insurance|Subchapter 2 - Antiarson Applications|§ 23-88-206. Mandatory use

 (a) The use of the antiarson application shall be mandatory for commercial monoline fire policies, designated occupancies, and designated areas of the state, based upon a finding by the Insurance Commissioner, after a public hearing, that the commercial monoline fire policies, the designated occupancies, and the areas of the state have an abnormally high incidence of arson.  (b) However, if the commissioner desires to extend the application of this subchapter to other than commercial monoline fire policies, he or she must first find, after public hearing, that the properties insured through those other types of policies are especially prone to arson.  (c) Designation of any area of the state under this subchapter shall not be deemed a valid reason for refusal to write, for termination, or for nonrenewal of any policy or contract of insurance.
AR Code § 23-88-207 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 88 - Property Insurance|Subchapter 2 - Antiarson Applications|§ 23-88-207. Requirement to enter into insurance contract

 (a) No insurer may enter into a contract to insure any building, except one (1) to four (4) family owner-occupied dwellings, against the peril of fire to be issued after July 4, 1983, unless the insurer first receives an antiarson application signed and affirmed by the insured, if required by the Insurance Commissioner in accordance with the provisions of this subchapter.  (b)  (1) Any antiarson application required by this subchapter shall be deemed a material part of the insurance policy to which the application pertains.  (2) A material misrepresentation shall be deemed grounds to rescind the insurance policy.
AR Code § 23-88-208 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 88 - Property Insurance|Subchapter 2 - Antiarson Applications|§ 23-88-208. Notification of change in information

 (a) Policyholders shall notify their insurer of any change in the information contained in the antiarson application, within a period of time to be specified.  (b) A material failure to notify or a material misrepresentation in the notification shall be deemed grounds to rescind the insurance policy.
AR Code § 23-88-209 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 88 - Property Insurance|Subchapter 2 - Antiarson Applications|§ 23-88-209. Alternative applications

 (a) The Insurance Commissioner may not mandate the use of any applications other than the antiarson application as defined in § 23-88-202. However, the commissioner may mandate alternative antiarson applications pursuant to a finding after a public hearing that:  (1) There exist certain types of policies, certain classes of property, and certain geographic areas of the state which have abnormally high incidences of arson;  (2) The antiarson application described in §§ 23-88-202, 23-88-203, 23-88-205, and 23-88-206 was implemented as respects such types of insurance policies, such classes of property, and areas of the state pursuant to the provisions of this subchapter; and  (3) The use of the antiarson application pursuant to this subchapter failed to substantially decrease the arson problems for those types of insurance policies, classes of property, and geographic areas.    (b) Alternative antiarson applications may be mandated only for the types of insurance policies, types of occupancies, and the areas of the state which would be permissible subjects for the antiarson application authorized by this subchapter.
AR Code § 23-88-210 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 88 - Property Insurance|Subchapter 2 - Antiarson Applications|§ 23-88-210. Termination of policies or contracts

 (a) Despite any other provision of law which limits the time for termination of insurance policies to the contrary, an insurer may terminate any policy or contract of insurance when the antiarson application or any alternative antiarson application, as provided in § 23-88-209, is required at any time within ninety (90) days from the insurer's acceptance of the applications.  (b) The notice of cancellation to the insured shall contain the specific reasons for the termination of the policy, provided that the reasons are not otherwise prohibited by law.
AR Code § 23-88-301 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 88 - Property Insurance|Subchapter 3 - Rural Risk Underwriting|§ 23-88-301. Legislative intent

 It is declared by the General Assembly of the State of Arkansas that adequate insurance upon property in the rural areas is necessary to the economic welfare of the state and that while the need for such insurance is increasing, the market for it is not adequate and may become less adequate in the future. It is the purpose of this subchapter to provide a mandatory plan to assure an adequate market for property insurance on insurable risks in the rural areas of Arkansas.
AR Code § 23-88-302 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 88 - Property Insurance|Subchapter 3 - Rural Risk Underwriting|§ 23-88-302. Definitions

 As used in this subchapter:   (1) “Association” means the Arkansas Rural Risk Underwriting Association established pursuant to the provisions of this subchapter;  (2) “Commissioner” means the Insurance Commissioner;  (3) “Insurer” means any person who:  (A) Writes any kind of insurance to which this subchapter applies under § 23-88-303, including the exchange of reciprocal or interinsurance contracts; and  (B) Is licensed to transact insurance in this state;    (4)  (A) “Net direct written premiums” means the gross amount of premiums received from policies of insurance issued in this state to which this subchapter applies, less return premiums and dividends paid or credited to policyholders.  (B) “Net direct written premiums” does not include premiums for indemnity reinsurance accepted from other licensed insurers, and there shall be no deduction for premiums for indemnity reinsurance ceded to other insurers; and    (5) “Person” means any individual, corporation, partnership, association, or voluntary organization.
AR Code § 23-88-303 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 88 - Property Insurance|Subchapter 3 - Rural Risk Underwriting|§ 23-88-303. Arkansas Rural Risk Underwriting Association — Plan of property insurance

 (a)  (1) All insurers licensed to transact property insurance, as defined in § 23-62-104, shall become members of the Arkansas Rural Risk Underwriting Association.  (2) For the purposes of this section, farmers' mutual aid associations or companies are insurers and are subject to the assessments and other requirements imposed on insurers under this section.    (b) This association or company shall provide a plan of property insurance to insurable rural risk applicants. Rural risk applicants are those applicants seeking insurance on risks located in geographic areas to be determined “rural areas” by the governing board, subject to the approval of the Insurance Commissioner.
AR Code § 23-88-304 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 88 - Property Insurance|Subchapter 3 - Rural Risk Underwriting|§ 23-88-304. Governing board

 For the plan or plans there shall be a governing board of seven (7) members to be appointed by the Insurance Commissioner, which shall meet at least annually to review and prescribe operating rules and which shall consist of the following members:   (1) Four (4) members shall be representatives of foreign insurance companies, with those members to be appointed for terms of three (3) years; and  (2) Three (3) members shall be representatives of domestic insurance companies, with those members to be appointed for terms of three (3) years.
AR Code § 23-88-305 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 88 - Property Insurance|Subchapter 3 - Rural Risk Underwriting|§ 23-88-305. Promulgation and approval of plan — Hearing

 (a) Within sixty (60) days following June 26, 1985, the governing board shall submit the plan to the Insurance Commissioner for his or her approval.  (b) When the plan has been approved by the commissioner, all insurance companies authorized to transact the kinds of insurance set forth in § 23-88-303 shall subscribe to and participate in the plan.  (c) If no plan meeting the purpose set forth in § 23-88-301 is submitted to the commissioner within the period of time specified, the commissioner shall prepare and promulgate a plan meeting those requirements. The commissioner may designate one (1) or more insurers or other agencies to assist him or her in the preparation, operation, and promulgation of a plan.  (d) Notwithstanding the provisions contained in this section, no application shall be submitted to or accepted by the plan until the commissioner has determined, after a hearing, that a need for the implementation of the plan exists.
AR Code § 23-88-306 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 88 - Property Insurance|Subchapter 3 - Rural Risk Underwriting|§ 23-88-306. Provisions of plan

 (a)  (1) The plan shall provide for the efficient, economical, and fair administration of the Arkansas Rural Risk Underwriting Association and shall be consistent with the purposes of this subchapter. Therefore, the plan shall include provisions for the equitable apportionment among the association's members of the expenses, profits, and losses arising from the association's rural risk writings.  (2) A member's participation in the association's expenses, profits, and losses shall be in the proportion that the net direct property insurance premiums of each member written in this state during the preceding calendar year bear to the aggregate net direct property insurance premiums of all members of the association written in this state during the preceding calendar year.  (3)  (A) The governing board shall be empowered to make assessments as may be necessary to provide funds needed to make payment of all loss claims and expenses of the association.  (B) Assessments during a calendar year may be made up to, but not in excess of, two percent (2%) of each insurer's net direct written premium for the preceding calendar year.  (C) If the maximum assessment in any calendar year results in a deficiency in premiums to losses, assessments may be made in the next and any successive calendar year.    (4) Further, the plan shall provide for an annual credit to members for basic property insurance voluntarily written on rural risks. This dollar credit shall relieve a member wholly or partially from participation in the association's expenses and losses.    (b) The plan shall also establish reasonable underwriting standards, subject to the approval of the Insurance Commissioner. Any applicant that meets these standards will be an insurable risk and entitled to property insurance through the association.  (c) The plan shall include deductibles, rules for classification of risks, rate modifications consistent with the objective of providing and maintaining funds sufficient to pay rural risk losses and expenses, and the limits of coverage available.  (d) The commissioner shall assess all members an amount not to exceed two hundred dollars ($200) annually, if needed, for the expense of mailing fire department renewal subscription notices.
AR Code § 23-88-307 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 88 - Property Insurance|Subchapter 3 - Rural Risk Underwriting|§ 23-88-307. Liability of insurer

 It being the intention of this subchapter to provide an adequate market for the property insurance coverages defined in this subchapter, no insurer participating in this plan shall be liable for any damages which may result from any extra-contractual liability or for any act or omission of any kind, the insurer's liability being limited solely to the property insurance coverages provided for in this subchapter.
AR Code § 23-88-308 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 88 - Property Insurance|Subchapter 3 - Rural Risk Underwriting|§ 23-88-308. Commissioner's powers and duties

 (a) In addition to approving the plan of operation, the Insurance Commissioner shall have the authority to promulgate rules necessary to effect the purpose of this subchapter.  (b) Further, after review of annual statements, other reports, and any other statistics which the commissioner deems necessary, the commissioner shall certify to the plan the aggregate net direct property insurance premiums written on property in this state by all members. This information will be used to determine a member's participation.
AR Code § 23-88-309 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 88 - Property Insurance|Subchapter 3 - Rural Risk Underwriting|§ 23-88-309. Appeals

 Any applicant for a policy, any persons insured under the plan, and any agency or insurer affected by the plan may appeal to the Insurance Commissioner any ruling or decision of the governing board or the authorized representative designated to operate a plan.
AR Code § 23-88-401 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 88 - Property Insurance|Subchapter 4 - Fire Loss Reporting Act of 2003|§ 23-88-401. Title

 This subchapter may be referred to as the “Fire Loss Reporting Act of 2003”.
AR Code § 23-88-404 (2020)
2020 Arkansas Code|Title 23 - Public Utilities and Regulated Industries|Subtitle 3 - Insurance|Chapter 88 - Property Insurance|Subchapter 4 - Fire Loss Reporting Act of 2003|§ 23-88-404. Notice regarding fire protection

 (a) In an effort to educate policyholders of the benefits of fire protection, every insurance company shall include in the premium notice to policyholders the following notice:  (b) The notice prescribed by subsection (a) of this section shall be in 12-point type or larger.    “IMPORTANT NOTICE REGARDING FIRE PROTECTION Did you know that the firefighting ability of your Fire Department helps lower your insurance rates? It's true! The better your firefighters are equipped and trained, the better their access to water for fighting fires, the length of time it takes for them to arrive at a fire, are a few of the many factors that have an impact on your property insurance rates. Help your firefighters help you! They need your support, financial and otherwise. Adequate funding is important to improving the protection that may translate to lower premiums!”   Click to view form.