™Your Policy Risk Impact Agent
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…