23 CAR § 43-503 – Data or information requests to licensees relating to Governor-declared public emergencies, disasters, or catastrophes

(a) In order for the State Insurance Department to evaluate the magnitude of losses, patterns, or practices related to coverages and claims that affect insurance matters, licensees shall respond to the department’s requests for information related to statewide public emergencies, disasters, or catastrophes.
(b) Such requests shall be considered investigations under Arkansas Code § 23-61-103(d) and 23 CAR § 43-301 et seq.
(c) The department may, however, make an accelerated demand for information or data that requires an earlier response than otherwise permitted under this part if there is an imperative and immediate need for the information due to the magnitude of the public emergency or catastrophe.