25 CAR Part 45 — State Captive Insurance Program

title-25-part-4525 CAR pt. 45Regulation

Abrir fonte

Chapter X

Subchapter A

Subpart 1

25 CAR § 45-101 Contracting for mitigation services for covered losses {#sec-25-car-45-101 omnilex-key=us-ar-regs-official--title-25-part-45--25 CAR § 45-101}

25 CAR § 45-101. Contracting for mitigation services for covered losses.

(a) State agencies shall purchase mitigation services following a property loss covered by the State Captive Insurance Program Act, Arkansas Code § 25-45-101 et seq., from the qualified vendor list maintained by the Office of State Procurement.

(b) Mitigation services purchased from the qualified vendor list do not require prior review by Legislative Council but shall be promptly reported to the Legislative Council.

History

  • History: Ark. R. 2026-91 (eff. August 3, 2026) Authorities: Arkansas Code § 19-3-506; Arkansas Code § 25-45-105; Acts 2025, No. 560, § 26; Acts 2025, No. 779, § 26
25 CAR § 45-102 Submission of property claims incurred after July 1, 2025, under the State Captive Insurance Program Act {#sec-25-car-45-102 omnilex-key=us-ar-regs-official--title-25-part-45--25 CAR § 45-102}

25 CAR § 45-102. Submission of property claims incurred after July 1, 2025, under the State Captive Insurance Program Act.

(a) Notice of claim. Upon receiving notification of a claim under the State Captive Insurance Program Act, Arkansas Code § 25-45-101 et seq., the Office of Property Risk shall promptly acknowledge the receipt of the notice and furnish the claimant with forms for proof of loss.

(b) Investigation of claims.

(1) The office will ensure investigations of a reported claim are completed and advise the claimant in writing of the acceptance or denial of a claim within a reasonable period of time.

(2) If any delays in the investigation occur, the office shall promptly notify claimants.

(c) Appeal.

(1) A claimant may appeal the denial of a claim to the Director of the Office of Property Risk.

(2) The decision of the director shall be final and conclusive and is not an order as defined in the Arkansas Administrative Procedure Act, Arkansas Code § 25-15-201 et seq.

(d) Time periods for submission of claims.

(1) A claimant shall give prompt notice of a loss to covered property to the office.

(2) To be timely, a notice of claim must be submitted in writing to the office within one (1) year from the date of the occurrence of loss.

History

  • History: Ark. R. 2026-91 (eff. August 3, 2026) Authorities: Arkansas Code § 19-3-506; Arkansas Code § 25-45-105; Acts 2025, No. 560, § 26; Acts 2025, No. 779, § 26
25 CAR § 45-103 Submission of property claims incurred but not reported before July 1, 2025, under the Public Elementary and Secondary School Insurance Act or the Arkansas Multi-Agency Insurance Trust Fund Act {#sec-25-car-45-103 omnilex-key=us-ar-regs-official--title-25-part-45--25 CAR § 45-103}

25 CAR § 45-103. Submission of property claims incurred but not reported before July 1, 2025, under the Public Elementary and Secondary School Insurance Act or the Arkansas Multi-Agency Insurance Trust Fund Act.

(a) Notice of claim. Upon receiving written notification of a claim under the Public Elementary and Secondary School Insurance Act, Arkansas Code § 6-20-1501 et seq., or the Arkansas Multi-Agency Insurance Trust Fund Act, Arkansas Code § 25-35-101 et seq., the Office of Property Risk shall promptly acknowledge the receipt of the notice and furnish the claimant with forms for proof of loss.

(b) Investigation of claims.

(1) The office will ensure investigations of a reported claim are completed and advise the claimant in writing of the acceptance or denial of a claim within a reasonable period of time.

(2) If any delays in the investigation occur, the office shall promptly notify claimants.

(c) Appeal.

(1) A claimant may appeal the denial of a claim to the Director of the Office of Property Risk.

(2) The decision of the director shall be final and conclusive and is not an order as defined in the Arkansas Administrative Procedure Act, Arkansas Code § 25-15-201 et seq.

(d) Time periods for submission of claims.

(1) A claimant shall give prompt notice of a loss to covered property to the office.

(2) To be timely, a notice of claim must be submitted in writing to the office by September 30, 2025, or one (1) year from the date of the occurrence of loss, whichever is later.

History

  • History: Ark. R. 2026-91 (eff. August 3, 2026) Authorities: Arkansas Code § 19-3-506; Arkansas Code § 25-45-105; Acts 2025, No. 560, § 26; Acts 2025, No. 779, § 26

Continue sua pesquisa no ChatGPT ou Claude

Conecte o Omnilex para pesquisar o corpus jurídico pelo seu assistente de IA.