Ariz. Admin. Code § 17-5-809

Current through Register Vol. 30, No. 50, December 13, 2024

Section R17-5-809 - Insurance Company Failure to Submit Required Data; Request for Hearing

If a company fails to submit the data required under A.R.S. § 28-4148, and this Article, the Department shall:

1. Send to the company, a dated written notice, which:

a. Identifies the business week or reporting period in which the company did not submit the required information;

b. Instructs the company to submit the information for the identified business week or reporting period within seven days of the date of the notice;

c. Informs the company that a failure to respond to the Department's request within the allotted time-frame, shall result in a referral of the matter to the Arizona Department of Insurance, under A.R.S. § 20-237, which may result in a civil penalty for each violation of up to $250 per day for each day the insurer is in violation of A.R.S. § 28-4148; and

d. Provides notice of the company's right to request a hearing with the Arizona Department of Insurance under A.R.S. § 20-237; and

2. Advise the Arizona Department of Insurance if the company fails to comply with the Department's written notice provided under this Section.

Ariz. Admin. Code § R17-5-809

New Section made by final rulemaking at 13 A.A.R. 858, effective March 6, 2007 (Supp. 07-1). Amended by expedited rulemaking at 24 A.A.R. 279, effective 1/12/2018.