2012 Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Subtitle 3 - Insurance
Chapter 90 - Arkansas Property And Casualty Insurance Guaranty Act
§ 23-90-104 - Applicability -- Exceptions.


AR Code § 23-90-104 (2012) What's This?

This chapter shall apply to all kinds of direct insurance written by insurers licensed to transact insurance in this state but shall not be applicable to the following:

(1) Life, annuity, health, or accident and health insurance;

(2) Mortgage guaranty, financial guaranty, or other form of insurance offering protection against investment risks;

(3) Bail bonds or appearance bonds as defined in or otherwise referenced in ยง 17-19-101 et seq;

(4) Credit insurance;

(5) Insurance of warranties or service contracts;

(6) Title insurance;

(7) Ocean marine insurance; and

(8) Any transaction or combination of transactions between a person, including affiliates of the person, and an insurer, including affiliates of the insurer, which involves the transfer of investment or credit risk unaccompanied by transfer of insurance risk.

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