Title 20 — Insurance
29 chapters · 1,539 sections in this title.
A.R.S. § 20-1098.18 Captive insurance regulatory and supervision fund; purpose
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A. The captive insurance regulatory and supervision fund is established within the department consisting of monies deposited pursuant to section 20-1098.01, subsection J. The director shall administer the fund as prescribed in subsections B and C of this section. Monies in the fu…
A.R.S. § 20-1098.19 Establishment of branch captive insurer
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A. An alien captive insurer or foreign captive insurer may establish a business unit in this state and become licensed as a branch captive insurer in this state pursuant to this chapter to write insurance or reinsurance in this state except as provided in section 20-1098.01, subs…
A.R.S. § 20-1098.20 Security for branch business and branch operations
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A. In the case of a branch captive insurer, as security for the payment of liabilities attributable to the branch operations, the director shall require that either a trust fund that is funded by assets acceptable to the director or an irrevocable letter of credit be established …
A.R.S. § 20-1098.21 Branch captive insurer reports
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Within sixty days after its fiscal year end, a branch captive insurer shall file with the director a copy of all reports and statements that are required to be filed under the laws of the jurisdiction in which the alien captive insurer or foreign captive insurer is formed and tha…
A.R.S. § 20-1098.22 Change in plan of operations
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A captive insurer shall obtain the written approval of the director before implementing any material change in its plan of operations.
A.R.S. § 20-1098.23 Confidentiality of information; exceptions
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A. Notwithstanding title 39, chapter 1, information submitted pursuant to this article is confidential and the director and the director's employees and agents shall not provide the information to any other person without the permission of the captive insurer, except that: 1. Thi…
A.R.S. § 20-1098.24 Dormant captive insurers; certificate of dormancy; report; fee; rules
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A. A captive insurer that is domiciled in this state and that meets the definition of dormant captive insurer may apply for a certificate of dormancy by submitting an application to the director on a form prescribed by the director. The certificate of dormancy is subject to renew…
A.R.S. § 20-1099 Definitions
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In this article, unless the context otherwise requires: 1. "Administrator" means a third party other than the warrantor who is designated by the warrantor to be responsible for the administration of vehicle protection product warranties. 2. "Incidental costs" means expenses that …
A.R.S. § 20-1099.01 Vehicle protection products; exemption from insurance code
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A vehicle protection product that is sold or offered for sale in this state and that meets the requirements of section 20-1099.02 is not subject to this title. Vehicle protection product warrantors and related vehicle protection product sellers and administrators that comply with…
A.R.S. § 20-1099.02 Exemption from insurance code; requirements
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A. To be exempted from this title, a vehicle protection product shall: 1. Identify the warrantor, the seller, the warranty holder and the terms of the sale. 2. Conspicuously state that the obligations of the warrantor to the warranty holder are guaranteed under a warranty reimbur…