§ 23-61-112 - Annual report. - Arkansas Statutes

23-61-112. Annual report.

As early in the calendar year as reasonably possible, the Insurance Commissioner annually shall prepare and deliver a report to the Governor showing, with respect to the preceding calendar year:

(1) Names of the authorized insurers transacting insurance in this state, with such summary of their financial statements as the commissioner deems proper;

(2) Names of insurers whose businesses were closed during the year, the cause thereof, and the amount of assets and liabilities as ascertainable;

(3) Names of insurers against which delinquency or similar proceedings were instituted and a concise statement of the facts with respect to each proceeding;

(4) The receipts and expenses of the State Insurance Department for the year;

(5) Recommendations of the commissioner as to amendments or supplementation of laws affecting insurance and as to matters affecting the department; and

(6) Such other pertinent information and matters as the commissioner deems proper.