Arkansas Code
Subchapter 4 - Use of Credit Information in Personal Insurance Act
§ 23-67-406. Dispute resolution and error correction

(a) If it is determined through the dispute resolution process set forth in section 1681i(a)(5) of the Fair Credit Reporting Act, 15 U.S.C. § 1681 et seq., that the credit information of a current insured was incorrect or incomplete and if the insurer receives written notice of the determination from either the consumer reporting agency or from the insured, the insurer shall reunderwrite and rerate the consumer within thirty (30) calendar days of receiving the notice.
(b) After reunderwriting or rerating the insured, the insurer shall make any necessary adjustments consistent with its underwriting and rating guidelines.
(c) If an insurer determines that the insured has overpaid a premium, the insurer shall refund to the insured the amount of overpayment.

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