§ 23-66-318 - Claims or loss histories -- Provision for copies to named insureds. - Arkansas Statutes

23-66-318. Claims or loss histories -- Provision for copies to named insureds.

(a) (1) A vendor of loss history information shall make all disclosures and furnish the reports without charge to the insured if within thirty (30) days after receipt by the insured of a notification of declination, cancellation, nonrenewal, or reduction in coverage the insured so requests.

(2) Otherwise, the vendor of loss history information may impose a reasonable charge on the insured for making disclosure.

(b) Property and casualty insurers are not required to send such reports to named insureds when transmitting the data or reports to licensed rate service or advisory organizations for statistical or statutory data compilation purposes.

(c) (1) The provisions of this section are intended to and shall apply only to personal lines insurance issued by property and casualty insurers authorized to transact insurance business in this state, and are not intended to apply to commercial lines property and casualty insurance.

(2) The provisions of this section are not intended to conflict with any state insurance laws which require insurers to furnish loss histories to insureds or named insureds upon request.