{"data":{"id":"us-ar/ark.-code-ann.-23-88-105","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 23-88-105","heading":"Notice required prior to expiration of property insurance policy - Definition","body":"(a) Except for nonpayment of premium, the insurer shall give either a written notice of nonrenewal or an offer of renewal at least thirty (30) days prior to the expiration of the policy's existing term. (b) The insurer shall send the insured a written notice and the insurance producer written or electronic notice of the offer of renewal under subsection (a) of this section, indicating the new premium and providing a description of any change in deductible or policy provision in the renewal policy. (c) As used in this section, \"renewal\" means the issuance or delivery by an insurer of a policy superseding a policy previously issued by the insurer at the end of the previously issued policy period if the policy is delivered by: (1) The same insurer; or (2) An affiliate or subsidiary, as those terms are defined in § 23-63-503 , that has a financial strength rating that is: (A) Issued by an industry-recognized independent insurance rating company; and (B) At least as good as the insurer issuing the superseded policy. Amended by Act 2019, No. 689,§ 4, eff. 7/24/2019. Acts 2003, No. 1790, § 2.\n\n(a) Except for nonpayment of premium, the insurer shall give either a written notice of nonrenewal or an offer of renewal at least thirty (30) days prior to the expiration of the policy's existing term.\n\n(b) The insurer shall send the insured a written notice and the insurance producer written or electronic notice of the offer of renewal under subsection (a) of this section, indicating the new premium and providing a description of any change in deductible or policy provision in the renewal policy.\n\n(c) As used in this section, \"renewal\" means the issuance or delivery by an insurer of a policy superseding a policy previously issued by the insurer at the end of the previously issued policy period if the policy is delivered by: (1) The same insurer; or (2) An affiliate or subsidiary, as those terms are defined in § 23-63-503 , that has a financial strength rating that is: (A) Issued by an industry-recognized independent insurance rating company; and (B) At least as good as the insurer issuing the superseded policy.\n\n(1) The same insurer; or\n\n(2) An affiliate or subsidiary, as those terms are defined in § 23-63-503 , that has a financial strength rating that is: (A) Issued by an industry-recognized independent insurance rating company; and (B) At least as good as the insurer issuing the superseded policy.\n\n(A) Issued by an industry-recognized independent insurance rating company; and\n\n(B) At least as good as the insurer issuing the superseded policy.","path":["AR Code","Title 23","Chapter 88","Subchapter 1"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"b28c3c1bbdcd524a67f746a7eee0c3a847ef7ce77ff8319968155308637ebd5a","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-23-88-104","next":"us-ar/ark.-code-ann.-23-88-106"},"notice":"GroundRules: Original legal text. Not legal advice."}