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The office of the insurance commissioner may be part of a larger regulatory agency, or an autonomous department. Insurance law and regulation is established individually by each state. In order to better coordinate insurance regulation among the states and territories, insurance commissioners are members of the National Association of Insurance ...
The NAIC is not a regulator; while its members are the insurance commissioners (i.e., the chief insurance regulators) of each U.S. state and six territories, [1] the NAIC is a non-governmental organization that concerns itself with insurance regulatory matters but does not actually regulate. The states have not delegated their regulatory ...
Arizona is one of only fourteen states with elected commissioners. [1] The Arizona Constitution explicitly calls for an elected commission, as opposed to a governor-appointed commission, which is the standard in most states, [2] because its drafters feared that governors would appoint industry-friendly officials. [3]
In the department’s legal complaint, Insurance Commissioner Ricardo Lara alleges Mercury steered motorists with good driving records into the company’s highest-priced policies, rather than low ...
Minimum insurance requirements: Every driver in Arizona must have at least 25/50/15 liability coverage to align with the state’s minimum requirements in accordance with Arizona Department of ...
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The United States District Court for the District of Arizona is the sole federal judicial district in Arizona. [3] Court for the District is held at Phoenix , Tucson , Yuma and Flagstaff . Magistrate courts, established to hear violations on federal lands, are additionally located in Grand Canyon National Park , Kingman , and Page .
The Arizona Consumer Fraud Act (ACFA) is a package of Arizona state laws that give protections to consumers in almost any kind of transaction related to the sale or advertisement of merchandise. Both the state and a private citizen may bring action under the act, however a private citizen's lawsuit must be brought within one year from the date ...