29 chapters · 1,544 sections in this title.
A.R.S. § 20-1572 Reserve for unpaid losses and loss expense
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A. Each title insurer shall at all times establish and maintain, in addition to other reserves, a reserve against unpaid losses, and against loss expense, and shall calculate the reserves by making a careful estimate in each case of the loss and loss expense likely to be incurred…
A.R.S. § 20-1573 Net retained liability
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A. The net retained liability of any title insurer under any single insurance risk as defined in section 20-1562, paragraphs 4 and 7 shall not exceed fifty per cent of the net amount remaining after deducting from the sum of its capital, surplus, unearned premium reserve and volu…
A.R.S. § 20-1574 Power to reinsure
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A. Any title insurer authorized to engage in the business of title insurance in this state may cede reinsurance of all or any part of its liability under one or more of its title insurance policies to any title insurer authorized to engage in the business of title insurance in th…
A.R.S. § 20-1575 Foreign title insurers; resident agent required
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A. A title insurer that is not incorporated under the laws of this state, but is authorized to transact business herein, shall not make, write, place or cause to be made, written or placed any policy or contract of insurance covering real property in this state except: 1. Through…