(a) An insurer's insolvency protection shall be applicable only to accidents occurring during a policy period in which its insured's uninsured motorist coverage is in effect where the liability insurer of the tortfeasor becomes insolvent within one (1) year after such an accident.
(b) Nothing contained in this section shall be construed to prevent any insurer from affording insolvency protection under terms and conditions more favorable to its insureds than is provided in this section.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Subtitle 1 - Public Utilities And Carriers
Chapter 16 - Miscellaneous Provisions Relating To Carriers
Subchapter 3 - Uninsured Motorist Liability Insurance
§ 23-16-302. Uninsured motorist liability insurance — Carriage required — Amount
§ 23-16-303. Insolvency protection application — Amount not limited