A. Beginning on or before December 31, 2017, the director shall annually report the following information to the president of the senate and the speaker of the house of representatives:

Terms Used In Arizona Laws 20-2414

  • Action: includes any matter or proceeding in a court, civil or criminal. See Arizona Laws 1-215
  • Insurance: means primary insurance, excess insurance, reinsurance, surplus lines insurance and any other arrangement for shifting and distributing risk which is determined to be insurance under the laws of this state. See Arizona Laws 20-2401
  • Risk retention group: means a corporation or other limited liability association formed under the laws of any state which meets all of the following criteria:

    (a) Its primary activity consists of assuming and spreading all or any portion of the liability exposure of its group members. See Arizona Laws 20-2401

  • State: means any state of the United States or the District of Columbia. See Arizona Laws 20-2401

1. The number of risk retention groups licensed in this state since August 6, 2016.

2. Any regulatory action taken by the director against a risk retention group licensed in this state for noncompliance with section 20-2402.

3. The total number of private passenger automobile insurance policies:

(a) That were nonrenewed during the previous calendar year pursuant to sections 20-1631 and 20-1632.

(b) In force in this state as of the end of the previous calendar year.

(c) In force within this state’s automobile assigned risk plan as of the end of the previous calendar year.

B. The director may provide the report required by subsection A of this section in an electronic format.