Following tornado events that took place in Arkansas on March 31, 2023, the Arkansas Insurance Department (AID) issued Bulletin 8-2023 on May 1, 2023 requesting that all property and casualty insurers (including Surplus Lines carriers) respond to its tornado disaster claims data call.
Pursuant to the Bulletin:
- Insurers shall report monthly, with the first report due by May 15, 2023, and containing cumulative claims data as of April 30, 2023.
- Insurers shall file subsequent reports by the 15th of each month, with each report containing cumulative claims data as of the last day of the preceding month.
- Insurers shall file the last report by November 15, 2023, and this report shall contain cumulative claims data through October 31, 2023, unless the Insurance Commissioner subsequently announces a different end date.
Insurers are to respond to the data call using the provided template. All reports must be submitted through an online portal managed by the NAIC at the following website link. To access the NAIC system, you will need to email help@naic.org requesting the following permission: RDC_ARTORNADO_USER_PR. It may take at least one business day for the NAIC to process the request.
The AID Bulletin outlines the specific instructions for the data call and includes links to relative reporting templates. Questions can be submitted to Jimmy Harris at jimmy.harris@arkansas.gov.
