The Arkansas Insurance Department announced that members of the Arkansas Rural Risk Underwriting Association will be assessed $200 this year for the expense of mailing volunteer fire department renewal subscription notices.
Under state statute ARRUA’s insurance industry members may be assessed up to $200 per year if regulators determine an assessment is needed.
The current assessment is due by Dec. 31, 2013.
Source: Arkansas Department of Insurance
Topics Underwriting
Was this article valuable?
Here are more articles you may enjoy.
How Insurers Know When It’s Time to Scale AI 
‘Ghost Broker’ Who Procured 1,120 Policies Through Fraud Arrested 
Endless Shrimp Deal Was Scheme to Squeeze Red Lobster, Suit Says 
More Americans Are Moving Away From Flood Risk Than Toward It 
