1. (a) Scope.

   1. (1) This rule shall apply to all licensed insurers, including but not limited to all licensed:

      1. (A) Stock and mutual insurance companies;
      2. (B) Reinsurers;
      3. (C) Health maintenance organizations;
      4. (D) Fraternal benefit societies;
      5. (E) Hospital and medical service corporations;
      6. (F) Stipulated premium insurers;
      7. (G) Farmers’ mutual aid associations; and
      8. (H) Prepaid legal insurers.
   2. (2) For purposes of this rule, “insurers” means any and all of the licensed or authorized insurers referenced in this rule and as defined in Arkansas Code § 23-60-102(11), and shall include the other limited licenses enumerated in this section and in Arkansas Code § 23-100-101 et seq., and not otherwise excluded.

2. (b) Application.

   1. (1) The rule is not intended to and shall not apply to approved but nonadmitted:

      1. (A) Surplus line insurers;
      2. (B) Registered foreign and alien risk retention groups;
      3. (C) Registered purchasing groups; or
      4. (D) Licensed automobile clubs or associations.
   2. (2) This rule is intended to apply to annuity premiums and considerations, including annuity and other fund deposit premiums listed on the NAIC Convention Blank Schedule T.
   3. (3) This rule is not intended to apply to indemnity reinsurance premiums or other premiums which are not "direct written".
   4. (4) The rule is intended to apply to companies that have not written any Arkansas premiums in the reported calendar year.

Codification Notes: “NAIC” means National Association of Insurance Commissioners.