(a) The provisions of the insurance law apply generally to legal insurance offered by insurers licensed to write other kinds of insurance. However, legal insurance sold by insurers under a certificate of authority obtained under this subchapter shall be regulated by the provisions of §§ 23-91-202, 23-91-203, 23-91-206, 23-91-208 — 23-91-212, 23-91-214, 23-91-219, 23-91-221, 23-91-224, and 23-91-226 instead of corresponding sections of the Arkansas Insurance Code.
(b) Orders or rules of the Insurance Commissioner issued under the provisions of this subchapter shall be subject to the provisions of the general insurance laws and the provisions of the Arkansas Administrative Procedure Act, § 25-15-201 et seq., relating to hearings and appeals.
(c) Except as otherwise provided in this subchapter, the provisions of the general insurance law shall not apply to insurers authorized under this subchapter.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Chapter 91 - PrePaid Legal Insurance
Subchapter 2 - Arkansas Legal Insurance Act
§ 23-91-202. Construction and purposes
§ 23-91-204. Applicability of insurance law
§ 23-91-205. Applicability of unauthorized insurance law
§ 23-91-207. Penalty provisions — Applicability of §§ 23-60-108 and 23-60-109
§ 23-91-208. Authorization required
§ 23-91-209. Conditions for issuing certificate of authority
§ 23-91-210. Regulation of policy forms
§ 23-91-211. Regulation of rates
§ 23-91-212. Approval of forms and rates
§ 23-91-213. Segregated accounts required — Exception
§ 23-91-214. Management and exclusive agency contracts
§ 23-91-216. Reserves required
§ 23-91-217. Investment of assets
§ 23-91-219. Licensing of agents
§ 23-91-220. Examination of insurer's affairs
§ 23-91-221. Professional ethics
§ 23-91-222. Revocation of certificate of authority
§ 23-91-223. Rehabilitation and liquidation