Shown verbatim: the complete text as captured from the official PDF posted by the Arkansas General Assembly, fetched 2026-07-23. Page and line markers are part of the official record; nothing is edited or removed. The official bill page.
Stricken language would be deleted from and underlined language would be added to present law.
1 State of Arkansas A Bill
2 95th General Assembly
3 Regular Session, 2025 SENATE BILL 76
4
5 By: Senator B. Johnson
6 By: Representative Steimel
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8 For An Act To Be Entitled
9 AN ACT TO AMEND THE LAW CONCERNING MISCELLANEOUS
10 PROHIBITED PRACTICES UNDER THE ARKANSAS INSURANCE
11 CODE; TO CLARIFY FEES COLLECTED BY CERTAIN BROKERS;
12 AND FOR OTHER PURPOSES.
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15 Subtitle
16 TO AMEND THE LAW CONCERNING
17 MISCELLANEOUS PROHIBITED PRACTICES UNDER
18 THE ARKANSAS INSURANCE CODE; AND TO
19 CLARIFY FEES COLLECTED BY CERTAIN
20 BROKERS.
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22 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS:
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24 SECTION 1. Arkansas Code � 23-66-310(c), concerning excess fees
25 charged for insurance by a licensed property or casualty agent or broker, is
26 amended to read as follows:
27 (c)(1) Nothing shall prohibit a duly licensed property or casualty
28 agent or broker or surplus lines broker from charging a fee to the insured in
29 addition to the premium properly charged for a policy or contract according
30 to the insurer's rate and rule filings with the State Insurance Department,
31 provided that:
32 (1)(A) Each such fee is separately disclosed on the
33 invoice or billing statement mailed or delivered to the insured; and
34 (2)(B)(i) The aggregate sum of the fees and all producers'
35 commissions or other compensation due and owing for that policy or contract
36 does not exceed twenty percent (20%) of the total gross premium charged the
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SB76
1 insured by the insurer for that policy or contract.
2 (ii) If a licensed property or casualty agent or
3 broker refers a risk to a surplus lines broker licensed under � 23-65-308,
4 then subdivision (c)(1)(B)(i) of this section does not apply.
5 (2) The fee under subdivision (c)(1) of this section shall be
6 reasonable in relation to the cost of underwriting, issuing, and processing
7 the policy or contract.
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2 01/16/2025 9:58:39 AM ANS093Every fact on this page links to its source, starting with the official bill record.