reglab/statecodes huggingface dataset:
2023 Arizona Revised Statutes › Title 20 - Insurance › § 20-157.01 - Confidentiality of insurer's claim files and records; access by director; definition

20-157.01.
Confidentiality of insurer's claim files and records;  access by director;  definition
A. Pursuant to the director's authority under sections 20-156,  20-157,  20-160,  20-466 and 20-3502,  an insurer shall comply with a request to produce any documents,  reports or other materials,  whether maintained in written or electronic format,  from an insurer's claim file or an insurer's record that is required to comply with chapter 28,  article 1 of this title.
B. Any documents,  reports or other materials that are provided to the director pursuant to this section are confidential and are not subject to disclosure,  including discovery or subpoena,  unless the subpoena is issued by the attorney general or a county attorney or by a court at the request of the attorney general,  a county attorney or any other law enforcement agency. The director may disclose the information only to a state or federal agency or officer pursuant to a lawful request,  subpoena or formal discovery procedure. If the requesting party cannot warrant confidentiality pursuant to section 20-158,  subsection I,  the information that is provided pursuant to discovery,  subpoena or lawful request as provided for in this subsection remains confidential. The director shall make reasonable efforts to notify an insurer of any request for a subpoena for documents,  reports or other materials in an insurer's claim file or other record that are produced by the insurer pursuant to this section so that the insurer may assert,  in a court of competent jurisdiction,  any applicable privileges.
C. The director may use the documents,  reports or other materials in the furtherance of any regulatory action brought by the director or in actions brought against the director.
D. Subject to the restrictions prescribed in section 20-299,  the director shall provide an insurer with a copy of any document the director receives pursuant to this section that the director believes supports a violation of this title or that justifies any regulatory or other action against the insurer. A disclosure pursuant to this subsection is not a waiver of any applicable privilege or claim of confidentiality in the disclosed document.
E. For the purposes of this section,  " insurer claim file"  includes medical records,  repair estimates,  adjuster notes,  insurance policy provisions,  recordings or transcripts of witness interviews and any other records regarding coverage,  settlement,  payment or denial or adjustment of a claim asserted under an insurance policy.
2023 Arizona Revised Statutes › Title 20 - Insurance › § 20-159 - Insurance examiners' revolving fund; definition

20-159.
Insurance examiners' revolving fund;  definition
A. The director may establish a separate fund designated as the insurance examiners' revolving fund.
B. The fund shall be used for the examination expenses authorized by section 20-156 and to compensate independent contractor examiners as authorized by section 20-148. Independent contractor examiners may be reimbursed or compensated for:
1. Actual travel expenses in amounts customary for such expenses and approved by the director.
2. A reasonable living expense allowance at a rate customary for such expenses and approved by the director.
3. Per diem compensation at a rate customary for such compensation as approved by the director.
C. All persons receiving any reimbursement or compensation from the insurance examiners' revolving fund shall submit to the director for approval a detailed account of all expenses and compensation necessarily incurred on account of an examination. Persons shall not receive or accept any additional emolument on account of an examination. Any reimbursement or compensation made by the fund and approved by the director shall be charged to the person being examined by the director and all receipts shall be credited to the fund.
D. The fund is a special state fund pursuant to section 35-142,  subsection A,  paragraph 8. Monies in the insurance examiners' revolving fund shall not revert to the general fund.
E. Each authorized insurer shall deposit at a time determined by the director the sum of one hundred dollars with the director to be credited to the insurance examiners' revolving fund. Such deposit not to exceed one hundred dollars shall be returned only if such insurer ceases to transact insurance business in this state.
F. For purposes of this section,  " insurer"  includes health care services organizations,  prepaid dental plan organizations,  hospital service corporations,  medical service corporations,  dental service corporations and hospital,  medical,  dental and optometric service corporations incorporated in this state.
2023 Arizona Revised Statutes › Title 20 - Insurance › § 20-160 - Powers of examination; witnesses; subpoenas; perjury

20-160.
Powers of examination;  witnesses;  subpoenas;  perjury
A. The director may take depositions,  subpoena witnesses or documentary evidence,  administer oaths and examine under oath any individual relative to the affairs of any person being examined or relative to the subject of any hearing or investigation.
B. Witness fees and mileage,  if claimed,  shall be allowed the same as for testimony in a superior court. Witness fees,  mileage and the actual expense necessarily incurred in securing attendance of witnesses and their testimony shall be itemized,  and shall be paid by the person being examined if such person is found to have been in violation of the law as to the matter with respect to which such witness was so subpoenaed,  or by the person,  if other than the director,  at whose request the hearing is held.
C. The subpoena shall be served in the same manner as if issued from a superior court. If a person fails to obey a subpoena lawfully served,  the director shall forthwith forward a report of such disobedience,  together with a copy of the subpoena and proof of service thereof,  to the superior court for the county in which the person was required to appear. The court shall forthwith cause such person to be produced and shall impose penalties as though he had disobeyed a subpoena issued out of such court.
D. A person who being under oath testifies falsely or makes any false affidavit during the course of any examination,  investigation or hearing,  is guilty of perjury.
2023 Arizona Revised Statutes › Title 20 - Insurance › § 20-161 - Hearings

20-161.
Hearings
A. The director may hold hearings for any purpose deemed by him to be necessary and within the scope of this title and shall hold a hearing if required by any provision of this title. Hearings shall be conducted pursuant to title 41,  chapter 6,  article 10.
B. In a hearing conducted pursuant to this section,  an insurer may be represented by a corporate officer.
2023 Arizona Revised Statutes › Title 20 - Insurance › § 20-162 - Demand for hearing; stay of order

20-162.
Demand for hearing;  stay of order
A. A request for a hearing pursuant to title 41,  chapter 6,  article 10 that is received by the director before the effective date of any order issued by the director or within ten days after the order is delivered shall stay the effectiveness of the order pending the hearing and an order made thereon,  except as to action taken or proposed pursuant to section 41-1092.11,  subsection B or under an order on hearing,  an order pursuant to an order on hearing or an order to make good an impairment of the assets of an insurer.
B. If an automatic stay pursuant to subsection A of this section is not applicable,  any party may apply to the director for a stay for cause. If the director fails to grant the stay,  the party may appeal the director's decision to the superior court in Maricopa county.
2023 Arizona Revised Statutes › Title 20 - Insurance › § 20-163 - Notice of hearing

20-163.
Notice of hearing
Not less than ten days in advance the director shall give notice of the time and place of the hearing,  stating the matters to be considered. If the persons to be given notice are not specified in the provision pursuant to which the hearing is held,  the director shall give such notice to all persons directly affected by such hearing.
2023 Arizona Revised Statutes › Title 20 - Insurance › § 20-164 - Procedure upon hearing

20-164.
Procedure upon hearing
A. Hearings may be closed to the public at the director's discretion,  but the hearing shall be open to the public if so requested in writing by any principal party to the hearing.
B. The director shall allow any person affected by the hearing to appear in person and by counsel,  to be present during the giving of all evidence,  to have a reasonable opportunity to inspect all documentary evidence,  to examine witnesses,  to present supporting evidence and to have subpoenas issued by the director to compel attendance of witnesses and production of evidence.
2023 Arizona Revised Statutes › Title 20 - Insurance › § 20-165 - Order on hearing

20-165.
Order on hearing
A. In conducting any hearing the director shall sit as a quasi-judicial officer.
B. Within thirty days after termination of the hearing or of any rehearing thereof or reargument thereon,  the director shall make his order on the hearing,  covering matters involved in such hearing and in any rehearing or reargument thereof,  and shall give a copy of such order to the same persons given notice of the hearing.
C. The order shall contain a concise statement of the facts as found by the director,  a concise statement of his conclusions therefrom,  and the effective date of the order.
D. The order may affirm,  modify or nullify action theretofore taken or may constitute the taking of new action within the scope of the notice of hearing.
2023 Arizona Revised Statutes › Title 20 - Insurance › § 20-168 - Preparation and sale of publications

20-168.
Preparation and sale of publications
To the extent he reasonably shall deem desirable and in the public interest,  the director may prepare or have prepared books,  pamphlets and other publications relating to insurance and sell or resell same in such manner and at such prices not less than cost as he shall determine. All monies received by the director from any such sale or resale shall revert to the general fund.
2023 Arizona Revised Statutes › Title 20 - Insurance › § 20-169 - Supervision by director

20-169.
Supervision by director
Notwithstanding any other law,  if on examination pursuant to this article or at any other time it appears to or is in the opinion of the director that any insurance company is insolvent,  or its condition is such as to render the continuance of its business hazardous to the public or to holders of its policies or certificates of insurance,  or if the insurance company appears to have exceeded its powers or has failed to comply with the law,  or if the insurance company gives its consent,  the director,  on the director's determination,  shall do all of the following:
1. Notify the insurance company of the director's determination.
2. Furnish to the insurance company a written list of the director's requirements to abate the determination.
3. If the director makes a further determination to supervise,  the director shall notify the insurance company that it is under the supervision of the department of insurance and financial institutions and that the director is applying and effecting the provisions of this article. The insurance company shall comply with the lawful requirements of the director and,  if placed under supervision,  shall under supervision have sixty days from the date of notice within which to comply with the requirements of the director,  subject to the provisions of this article. If the insurance company fails to comply within such time,  the director,  or a conservator appointed by the director for that purpose,  shall immediately,  after due and proper notice and hearing,  take charge as conservator of the insurance company and all of the property and effects of the insurance company.
2023 Arizona Revised Statutes › Title 20 - Insurance › § 20-170 - Prohibited acts during sixty day period of supervision

20-170.
Prohibited acts during sixty day period of supervision
During the period of supervision,  the director may appoint a supervisor to supervise such insurance company and may provide that the insurance company may not do any of the following things,  during the period of supervision,  without the prior approval of the director or his supervisor:
1. Dispose of,  convey or encumber any of its assets or its business in force;
2. Withdraw any of its bank accounts;
3. Lend any of its funds;
4. Invest any of its funds;
5. Transfer any of its property;
6. Incur any debt,  obligation or liability;
7. Merge or consolidate with another company;  or
8. Enter into any new reinsurance contract or treaty.
2023 Arizona Revised Statutes › Title 20 - Insurance › § 20-172 - Possession by director of person transacting insurance prior to appointment of receiver; powers of director in possession; stay of possession order; application to title insurance

20-172.
Possession by director of person transacting insurance prior to appointment of receiver;  powers of director in possession;  stay of possession order;  application to title insurance
A. The director may,  upon submission of a verified petition stating that an insurer is in such an unsafe or unsound condition that it is or will become unable to meet the anticipated demands of its policyholders and that the condition cannot be corrected by the procedures of sections 20-169,  20-170 or 20-171,  obtain an order from the superior court allowing the director to immediately take possession and control of the insurer pending a hearing on the appointment of a receiver. The superior court shall immediately consider the director's petition and shall immediately issue without notice to the affected party such order unless the verified petition filed by the director is faulty. After the order is granted,  the director shall immediately,  through the attorney general,  apply to the superior court for the appointment of a receiver for the insurer. If at any time the court finds that no ground for receivership exists,  the receivership shall be dissolved and the director's possession terminated.
B. When the director has taken possession of an insurer and until either the appointment and qualification of the receiver or the adjudication that no ground for the receivership exists,  the director shall be vested with the full and exclusive power of management and control. The director shall have the power to continue or to discontinue the business,  to stop or to limit the payment of its obligations,  to employ any necessary assistants,  to execute any instrument in the name of the insurer and to commence,  defend and conduct in its name any action or proceeding in which the insurer may be a party.
C. An order issued by the director pursuant to this section shall not be stayed except by order of the superior court and upon the giving of security by the applicant in such sum as will be adequate to protect the insurer's policyholders.
D. The provisions of this section shall apply to all types of insurers including title insurers,  hospital service corporations,  medical service corporations,  dental service corporations,  optometric service corporations,  and health care service organizations.
2023 Arizona Revised Statutes › Title 20 - Insurance › § 20-173 - Residence requirement; exemption for officer representing insurer

20-173.
Residence requirement;  exemption for officer representing insurer
Notwithstanding the provision of section 38-201,  subsection A,  to the contrary,  a member of a guaranty fund board established pursuant to this title,  chapter 3,  article 6 or 7,  who is appointed to represent an insurer or group of insurers,  need not be a resident of this state.
2023 Arizona Revised Statutes › Title 20 - Insurance › § 20-181 - Mandated health coverage; report

20-181.
Mandated health coverage;  report
An organization or individual advocating a legislative proposal that would mandate a health coverage or offering of a health coverage by an insurer,  hospital,  medical,  dental or optometric service corporation,  health care services organization or any other health care service contractor as a component of individual or group policies shall submit a report pursuant to section 20-183. The report shall assess both the social and financial impacts of such coverage,  including the effectiveness of the treatment or service proposed,  according to the factors prescribed in section 20-182.
2023 Arizona Revised Statutes › Title 20 - Insurance › § 20-182 - Factors for assessing impact; certification of report

20-182.
Factors for assessing impact;  certification of report
A. To the extent that information is available,  the report prescribed by section 20-181 shall include,  but not be limited to,  the following:
1. The social impact:
(a) The extent to which the treatment or service is generally utilized by a significant portion of the population.
(b) The extent to which the insurance coverage is already generally available.
(c) If coverage is not generally available,  the extent to which the lack of coverage results in persons avoiding necessary health care treatments.
(d) If the coverage is not generally available,  the extent to which the lack of coverage results in unreasonable financial hardship to a patient.
(e) The level of public demand for the treatment or service.
(f) The level of public demand for insurance coverage of the treatment or service.
(g) The level of interest of collective bargaining agents in negotiating privately for inclusion of this coverage in group contracts.
2. The financial impact:
(a) The extent to which the coverage will increase or decrease the cost of the treatment or service.
(b) The extent to which the coverage will increase the appropriate use of the treatment or service.
(c) The extent to which the mandated treatment or service will be a substitute for a more expensive treatment or service.
(d) The extent to which the coverage will increase or decrease the administrative expenses of insurers and the premium and administrative expenses of policyholders.
(e) The impact of this coverage on the total cost of health care.
B. An actuary who is a member of the American academy of actuaries shall prepare the financial impact analysis required by subsection A,  paragraph 2 of this section and certify that the analysis is consistent with accepted actuarial techniques.
C. The report required by section 20-181 shall address the specific language of the proposed mandate. A report on a similar proposal in a different jurisdiction is insufficient and does not meet the requirements of section 20-181.
D. An organization,  individual or legislator that does not submit a report required by section 20-181 is not subject to any civil sanction or criminal penalty.
2023 Arizona Revised Statutes › Title 20 - Insurance › § 20-183 - Report procedures and deadlines

20-183.
Report procedures and deadlines
A person or a legislator advocating a legislative proposal pursuant to section 20-181 shall submit a written report explaining the factors prescribed in section 20-182 to the joint legislative audit committee established by section 41-1279. The report must be submitted on or before September 1 before the start of the legislative session for which the legislation is proposed. The joint legislative audit committee shall assign the written report to the appropriate legislative committee of reference established pursuant to section 41-2954. The legislative committee of reference shall hold at least one hearing and take public testimony after receiving the report. The legislative committee of reference shall study the written report and deliver a report of its recommendations to the joint legislative audit committee,  the speaker of the house of representatives,  the president of the senate,  the governor and the director of the department of insurance and financial institutions on or before December 1 of the year in which the report is submitted.
2023 Arizona Revised Statutes › Title 20 - Insurance › § 20-191 - Payment of premiums by mail; date of payment

20-191.
Payment of premiums by mail;  date of payment
A. Any payment of insurance premium that is deposited,  properly addressed and postage prepaid,  in an official depository of the United States mail on or before the date the premium is due is deemed timely payment of the premium on the date shown by the postmark or other official mark of the United States mail stamped on the payment envelope. An insurer may establish the postmark date by retaining the postmarked payment envelope. If the insurer does not retain the envelope or the postmark date on the envelope is illegible,  the payment date is presumed to be five mail days before the date the insurer receives the payment. An insurer may establish the date of receipt by a record generated in the course of regularly conducted business. For the purposes of this subsection,  " mail days"  means days on which the United States postal service performs regular mail delivery.
B. If a payment described in subsection A is sent by United States certified or registered mail or certificate of mailing,  the date of the registration,  certification or certificate,  as established by a record authenticated by proper officials of the United States mail,  is deemed the date of payment.
C. If the due date of a payment described in subsection A falls on a Saturday,  Sunday or legal holiday,  the payment is considered timely if sent on the next business day.
2023 Arizona Revised Statutes › Title 20 - Insurance › § 20-206 - Authority to transact insurance

20-206.
Authority to transact insurance
A. No person shall act as an insurer and no insurer shall transact insurance in this state except as authorized by a subsisting authority granted to it by the director,  except as to such transactions as are expressly otherwise provided for in this title. No such authority shall be required for an insurer,  formerly so authorized,  to enable it to investigate and settle losses under its policies lawfully written in this state,  or to liquidate such assets and liabilities of the insurer,  other than collection of new premiums,  as has resulted from its former authorized operations in this state.
B. An insurer not transacting new insurance business in this state but continuing collection of premiums on and servicing of policies remaining in force as to residents of or risks located in this state,  is transacting insurance in this state for the purpose of premium tax requirements only and is not required to have a certificate of authority therefor. This subsection shall not apply to insurers which have withdrawn from this state prior to January 1,  1955.
C. As to an insurance coverage on a subject of insurance not resident,  located,  or expressly to be performed in this state at time of issuance,  and solicited,  written and delivered outside the state,  no such authority shall be required of an insurer as to subsequent transactions in this state on account thereof.
2023 Arizona Revised Statutes › Title 20 - Insurance › § 20-207 - General qualifications to transact insurance

20-207.
General qualifications to transact insurance
To qualify for and hold authority to transact insurance in this state an insurer shall be otherwise in compliance with the provisions of this title and with its charter powers,  and shall be an incorporated stock insurer,  an incorporated mutual insurer,  a reciprocal insurer,  or a Lloyd's association of the same general type as may be formed as a domestic insurer under this title. No foreign or alien insurer shall be authorized to transact insurance in this state which does not maintain reserves as required by article 1 of chapter 3 of this title applicable to the kind or kinds of insurance transacted by such insurer.
2023 Arizona Revised Statutes › Title 20 - Insurance › § 20-208 - Definition of guaranteed investment contract

20-208.
Definition of guaranteed investment contract
In this title,  unless the context otherwise requires,  " guaranteed investment contract"  means any unallocated group contract,  investment contract,  funding agreement,  guaranteed interest contract or other similar instrument by whatever name in which an insurance company agrees to guarantee a fixed or variable rate of interest or a future payment that is based on an index or any other similar criteria,  that is payable at a predetermined date on monies that are deposited with the insurance company and that is not dependent on the continuance of human life.
2023 Arizona Revised Statutes › Title 20 - Insurance › § 20-209 - Kinds of insurance an insurer may transact

20-209.
Kinds of insurance an insurer may transact
A. An insurer which otherwise qualifies therefor may be authorized to transact any one kind or combination of kinds of insurance as defined in article 2 of this chapter,  except that:
1. A life insurer shall not be authorized to transact any other kind of insurance except disability,  but if immediately prior to January 1,  1955 any life insurer lawfully held a subsisting certificate of authority granting it the right to transact in this state additional kinds of insurance other than disability,  as long as the insurer is otherwise in compliance with this title the director may continue to authorize such insurer to transact the same kinds of insurance as those specified in such prior certificate of authority.
2. A reciprocal insurer shall not transact life insurance.
3. A title insurer shall not transact any other kind of insurance.
B. A life insurer authorized to transact life insurance in this state may issue guaranteed investment contracts. An insurer authorized to issue guaranteed investment contracts may offer an annuity option as a feature of a guaranteed investment contract.
2023 Arizona Revised Statutes › Title 20 - Insurance › § 20-211 - Surplus required

20-211.
Surplus required
A. In addition to the minimum required capital stock,  if a stock insurer,  or minimum required basic surplus,  if mutual or reciprocal insurers,  as required by sections 20-210 and 20-212 as to all stock insurers and foreign and alien mutual and reciprocal insurers,  by sections 20-768 and 20-212 as to domestic reciprocal insurers,  and section 20-711,  subsection B and section 20-212 as to domestic mutual insurers,  except as stated in subsection C of this section,  any foreign or alien insurer,  any title insurer,  and any domestic insurer shall possess at the time of original authorization in this state initial free surplus as stated in section 20-210,  and shall maintain free surplus funds in an amount of not less than one-half such initial free surplus. No other insurer shall be so initially authorized in this state unless it then possesses surplus of not less than initial free surplus as stated in section 20-210,  in addition to the minimum required capital stock,  if a stock insurer,  or minimum required basic surplus,  if mutual or reciprocal insurers,  otherwise required.
B. In addition to the minimum required capital stock if the insurer is a stock insurer or in addition to the minimum required basic surplus if the insurer is a mutual or reciprocal insurer under this article and chapter 4,  article 1 of this title,  a domestic,  foreign or alien insurer shall possess and maintain any additional free surplus that the director may require based on the type,  volume or nature of its business as a necessary condition to avoid rendering its transaction of insurance hazardous to its policyholders or the people of this state. The director shall adopt rules to implement the provisions of this subsection.
C. Subsection A of this section shall not apply to a domestic mutual insurer which qualifies upon the basis of applications for insurance as provided in section 20-711,  nor to reinsurers which qualify pursuant to chapter 4,  article 10 of this title and which do not within such five year period transact any kind of insurance in addition to that for which initially authorized.
2023 Arizona Revised Statutes › Title 20 - Insurance › § 20-212 - Funds required to transact additional kinds of insurance

20-212.
Funds required to transact additional kinds of insurance
An insurer otherwise qualified may be authorized to transact combinations of kinds of insurance,  other than the life and disability combination shown in section 20-210,  while possessing and maintaining thereafter additional minimum required capital stock,  if a stock insurer,  or additional minimum required basic surplus,  if a mutual or reciprocal insurer,  not less in amount than that determined as follows: For any lawful combination add two hundred thousand dollars for each additional kind of insurance included in the combination to the amount required under section 20-210 for that one kind of insurance in the combination for which the largest amount is required under said section 20- 210,  except:
1. Vehicle and disability insurances may be combined with casualty,  and in any combination including casualty,  without funds in addition to those required because of casualty.
2. With such additional minimum required capital stock or such additional minimum required basic surplus in an amount of not less than five hundred thousand dollars,  an insurer,  if otherwise qualified,  may be authorized to transact all kinds of insurance except life and title insurance. Any domestic stock insurer which on January 1,  1954,  was lawfully authorized to transact vehicle insurance,  for physical damage only,  or casualty insurance,  and while possessing paid-in capital of not less than two hundred fifty thousand dollars,  may be so authorized to transact all kinds of insurance other than life and title insurances.
3. The amount of such capital or surplus shall not in any event be less than would be required if the insurer proposed to transact in this state all those kinds of insurance which it is transacting elsewhere.
2023 Arizona Revised Statutes › Title 20 - Insurance › § 20-213 - Deposit requirements

20-213.
Deposit requirements
The director shall not issue a certificate of authority to any insurer unless it has deposited in trust with the state treasurer through the director's office cash or securities eligible for the investment of capital funds of domestic insurers under this title in an amount not less than the minimum required capital stock,  if a stock insurer,  or minimum required basic surplus,  if a mutual or reciprocal insurer,  required pursuant to this article to be maintained for authority to transact the kinds of insurance to be transacted,  except:
1. As to life and disability carriers there shall be maintained with the state treasurer or a trustee approved by the director,  a deposit in cash,  surety bond or securities as described in sections 20-537 through 20-548 and sections 20-551 through 20-556,  in an amount equal to the greatest of:
(a) Minimum required capital stock or minimum required basic surplus pursuant to section 20-210.
(b) Two-thirds of the aggregate reserves as computed under section 20-510.
(c) Twenty-five per cent of the earned premium of the prior year.
2. As to title insurers,  the deposit shall be in such amount as is required by article 9 of chapter 6 of this title.
3. As to foreign insurers,  in lieu of such deposit or part thereof in this state,  the director shall accept the current certificate in proper form of the public official having supervision over insurers in any other state to the effect that a like deposit or part thereof by such insurer is being maintained in public custody in such state in trust for the purpose,  among other reasonable purposes of protection of policyholders in this state.
4. As to alien insurers,  in lieu of such deposit or part thereof in this state,  the director shall accept evidence satisfactory to him that the insurer maintains within the United States by way of deposits with public depositaries,  or in trust institutions within the United States approved by the director,  assets available for discharge of its United States insurance obligations which assets shall be in amount not less than the outstanding liabilities of the insurer arising out of its insurance transactions in the United States,  together with,  in the case of title insurers,  the sum required by article 9 of chapter 6 of this title,  and,  in the case of all other insurers,  together with the larger of the following sums:
(a) The largest deposit required by this title to be made in this state by any type of domestic insurer transacting like kinds of insurance,  or
(b) Three hundred thousand dollars.
5. No deposit requirement for any insurer provided by this section shall exceed five hundred thousand dollars.
2023 Arizona Revised Statutes › Title 20 - Insurance › § 20-214 - Financial requirements; escalator provisions

20-214.
Financial requirements;  escalator provisions
If with respect to an insurer lawfully authorized to transact insurance in this state immediately prior to the effective date of this section,  this title requires a greater amount of capital,  surplus or deposit than required of such insurer immediately prior to such effective date,  such insurer shall have a period of one year from and after such effective date within which to comply with any such increased requirement. No such increase shall be required of any domestic stock insurer which as of such effective date,  was lawfully authorized to transact in this state only automobile physical damage insurance,  and for so long as such insurer does not transact any additional insurance.
2023 Arizona Revised Statutes › Title 20 - Insurance › § 20-215 - Application for certificate of authority

20-215.
Application for certificate of authority
To apply for an original certificate of authority an insurer shall file with the director its application for a certificate of authority showing its name,  location of its home office or principal office in the United States,  if an alien insurer,  kinds of insurance to be transacted,  date of organization or incorporation,  form of organization,  state or country of domicile and such additional information as the director may reasonably require,  together with the following applicable documents:
1. If a foreign or alien insurer,  a copy of its corporate charter with all amendments to the charter certified by the public officer with whom the originals are on file in the state or country of domicile.
2. A copy of its bylaws,  as amended,  certified by its secretary or other officer having custody of the bylaws.
3. A copy of its annual statement as of December 31 last preceding.
4. A copy of the report of the last examination,  if any,  made of the insurer,  certified by the insurance supervisory official of its state of domicile or of entry into the United States.
5. Appointment of the director as its attorney to receive service of legal process if,  as to a foreign or alien insurer,  such an appointment is not already on file.
6. Appointment of a statutory agent to receive service of legal process,  accompanied by his name and address,  as to a domestic insurer.
7. If a foreign or alien insurer,  a certificate of the public official having supervision of insurance in its state or country of domicile showing that it is authorized to transact the kinds of insurance proposed to be transacted in this state.
8. If an alien insurer,  a copy of the appointment and authority of its United States manager,  certified by its officer having custody of its records.
9. If a foreign or alien insurer,  a certificate as to deposit if to be tendered pursuant to section 20-213.
2023 Arizona Revised Statutes › Title 20 - Insurance › § 20-216 - Issuance or refusal of certificate

20-216.
Issuance or refusal of certificate
A. If on the completion of an application the director finds that the insurer has met the requirements for and is entitled under this title,  the director shall issue to the insurer a proper certificate of authority. If the director does not so find,  the director shall issue an order refusing such certificate. The director shall act on an application for a certificate of authority within ninety days after its completion.
B. The certificate,  if issued,  shall specify the kind or kinds of insurance the insurer is authorized to transact in this state. At the insurer's request,  the director may issue a certificate of authority limited to particular types of insurance included within a kind of insurance as defined in this title.
2023 Arizona Revised Statutes › Title 20 - Insurance › § 20-217 - Certificate of authority; term; termination; delivery upon termination or revocation

20-217.
Certificate of authority;  term;  termination;  delivery upon termination or revocation
A. The certificate of authority issued by the director to an insurer is evidence of its authority to transact in this state the kind of insurance specified in the certificate.
B. A certificate of authority remains in effect until terminated at the request of the insurer or suspended or revoked by the director.
C. A certificate of authority remains the property of this state. Upon termination at the request of the insurer or revocation by the director,  the insurer shall immediately deliver the certificate of authority to the director.
D. The director shall not grant the request of an insurer to terminate its certificate of authority if the insurer has any outstanding obligations under a policy of insurance to policyholders or claimants who are residents of this state. This subsection does not apply if the insurer has deposited with the state treasurer securities acceptable to the director in an amount equal to its liabilities,  as computed by the director,  including its reserves as required by this title in respect to its business in this state for the sole benefit of its policyholders and creditors who are residents of this state. The state treasurer shall hold and administer the deposits pursuant to chapter 3,  article 3 of this title. This subsection does not apply if the insurer has fully reinsured such outstanding obligations with a reinsurer under an agreement filed with and approved in writing by the director pursuant to section 20-261. This subsection does not apply when the termination of the insurer's certificate of authority is the result of a merger or consolidation if the emerging or surviving insurer is or becomes authorized to transact business in this state and assumes such outstanding obligations of the terminating insurer.
E. The certificate of authority shall be suspended or revoked if the insurer fails to pay the annual certificate of authority fee denominated a renewal fee in section 20-167 at the time provided in section 20-223.
2023 Arizona Revised Statutes › Title 20 - Insurance › § 20-218 - Name of insurer

20-218.
Name of insurer
A. No insurer shall be authorized to transact insurance in this state which has or uses a name so similar to that of any insurer already so authorized as to cause uncertainty or confusion. In case of conflict of names between two insurers the director may permit or require the newly authorized insurer to use in this state such supplementation or modification of its name as may reasonably be necessary to avoid such conflict.
B. No insurer shall be authorized to transact insurance in this state which has or uses a name which tends to deceive or mislead as to the type of organization of the insurer.
2023 Arizona Revised Statutes › Title 20 - Insurance › § 20-218.01 - Appointment of a statutory agent

20-218.01.
Appointment of a statutory agent
A. Each domestic insurer shall have and continuously maintain in this state:
1. A known place of business which may be the office of its statutory agent.
2. A statutory agent,  which agent may be the director,  an individual,  who has been a resident of this state for three years,  a domestic corporation or a foreign corporation authorized to transact business in this state.
B. Failure to appoint a statutory agent by a domestic insurer may result in the revocation or suspension of such insurer's certificate of authority.
C. The appointment required herein shall be filed with the director.
2023 Arizona Revised Statutes › Title 20 - Insurance › § 20-218.02 - Change of known place of business or statutory agent

20-218.02.
Change of known place of business or statutory agent
A. A domestic insurer may change its known place of business in this state or its statutory agent in this state,  or both,  upon filing with the director a statement setting forth:
1. The name of the insurer.
2. The address of its then known place of business.
3. If the address of its known place of business is to be changed,  the address to which it is to be changed.
4. The name and address of its then statutory agent.
5. If its statutory agent or his address is to be changed,  the name and address of its successor statutory agent,  or the new address.
6. That such change was duly authorized by the insurer.
B. If a domestic insurer's statutory agent is changed or resigns,  a new statutory agent shall be appointed by the insurer. The termination of an existing statutory agent shall not take effect until the insurer has appointed a new valid statutory agent.
2023 Arizona Revised Statutes › Title 20 - Insurance › § 20-219 - Mandatory revocation or suspension

20-219.
Mandatory revocation or suspension
The director shall refuse to renew or shall revoke or suspend an insurer's certificate of authority:
1. If such action is required by any provision of this title,  or
2. If the insurer no longer meets the requirements for the authority originally granted,  on account of deficiency in assets or otherwise.
2023 Arizona Revised Statutes › Title 20 - Insurance › § 20-220 - Certificate of authority; refusal to renew; revocation or suspension; civil penalty

20-220.
Certificate of authority;  refusal to renew;  revocation or suspension;  civil penalty
A. The director may after a hearing refuse to renew or may revoke or suspend an insurer's certificate of authority,  in addition to other grounds therefor in this title,  if the insurer:
1. Violates any provision of this title other than a provision as to which refusal,  suspension or revocation is mandatory.
2. Knowingly fails to comply with any lawful rule or order of the director.
3. Is found by the director to be in unsound condition or in such condition as to render its further transaction of insurance in this state hazardous to its policyholders or to the people of this state.
4. Usually compels claimants under its policies to accept less than the amount due them or to bring suit against it to secure full payment thereof.
5. Refuses to be examined or to produce its accounts,  records and files for examination by the director when required.
6. Fails to pay any final judgment rendered against it in this state within thirty days after the judgment becomes final.
7. Is affiliated with and under the same general management or interlocking directorate or ownership as another insurer which transacts direct insurance in this state without having a certificate of authority therefor,  except as permitted to a surplus lines insurer under article 5 of this chapter.
B. If after a hearing the director finds grounds pursuant to subsection A to suspend or revoke an insurer's certificate of authority,  the director may impose,  in lieu of or in addition to such suspension or revocation,  the following civil penalties:
1. A penalty not to exceed one thousand dollars for each violation and not to exceed an aggregate of ten thousand dollars within any six-month period with respect to unintentional violations.
2. A penalty not to exceed five thousand dollars for each violation and not to exceed an aggregate of fifty thousand dollars within any six-month period with respect to intentional violations. The insurer shall pay the civil penalty to the director who shall deposit it,  pursuant to sections 35-146 and 35-147,  in the state general fund. The civil penalty is in addition to any other penalty imposed by law.
C. The director may adopt rules to provide the criteria to be used for identifying insurers who are found to be in a condition that would render the continuance of their business hazardous to their policyholders or the people of this state.
2023 Arizona Revised Statutes › Title 20 - Insurance › § 20-221 - Director as agent for service of process

20-221.
Director as agent for service of process
A. Each authorized foreign or alien insurer shall appoint the director as its attorney to receive service of legal process issued against it in this state. The appointment shall be irrevocable,  shall bind any successor in interest or to the assets or liabilities of the insurer and shall remain in effect as long as there is in force in this state any contract made by the insurer or obligations arising therefrom.
B. Service of process against a foreign or alien insurer shall be made only by service of process upon the director. Service of process against a domestic insurer shall be made upon the insurer corporation in the manner provided by laws applying to corporations generally,  or upon the insurer's attorney-in-fact if a reciprocal insurer.
C. Each foreign or alien insurer at the time of application for a certificate of authority shall file with the director the name and address of a designated person to whom process against it served upon the director is to be forwarded. The insurer may change such designation by a new filing.
D. Any authorized domestic insurer who does not have or maintain a statutory agent shall appoint the director as its attorney to receive service of legal process issued against it in this state.
2023 Arizona Revised Statutes › Title 20 - Insurance › § 20-222 - Service of process; time to answer

20-222.
Service of process;  time to answer
A. Duplicate copies of legal process against an insurer for whom the director is attorney shall be served upon him. At the time of service the plaintiff shall pay to the director five dollars,  taxable as costs in the action. Upon receiving such service the director shall promptly forward a copy thereof by registered mail to the person last so designated by the insurer to receive process.
B. Where process is served upon the director as an insurer's attorney,  no further proceedings shall be had against the insurer,  and the insurer shall not be required to appear,  answer or plead until expiration of forty days after date of such service upon the director.
C. Process served upon the director and copy thereof forwarded as in this section provided shall constitute service thereof upon the insurer.
2023 Arizona Revised Statutes › Title 20 - Insurance › § 20-223 - Annual statement; payment of fees; penalty for failure to file or pay

20-223.
Annual statement;  payment of fees;  penalty for failure to file or pay
A. Each authorized domestic insurer shall annually on or before March 31 and each other authorized insurer shall annually on or before March 1 file with the director,  or a repository designated by the director,  a true statement of its financial condition,  transactions and affairs as of the December 31 preceding. The statement shall be completed pursuant to the instructions and accounting practices and procedures that are approved by the national association of insurance commissioners. The statement shall be in such general form and context as approved by the national association of insurance commissioners for the kinds of insurance to be reported upon,  and as supplemented for additional information required by the director. Coincident with the filing of its annual statement,  each such insurer shall pay such fees prescribed by section 20-167 for filing the annual statement and renewal of its certificate of authority.
B. The statement of an alien insurer shall relate only to its transactions and affairs in the United States unless the director requires otherwise. The statement shall be verified by the insurer's United States manager or other officer duly authorized.
C. The director may refuse to renew,  or may suspend or revoke,  the certificate of authority of any insurer failing to file its annual statement or pay its fees when due or within any extension of time therefor which the director,  for good cause,  may have granted.
D. Any insurer failing to file an annual statement or to pay its fees pursuant to this section is subject to payment of a penalty fee not to exceed twenty-five dollars for each day of delinquency.