20-422. Alien insurance for coverage in
Mexico
A. A person shall not solicit or accept applications in this state for insurance or
collect a commission on a policy that is to be effective in Mexico and only outside the
geographical limits of this state and that is to be issued by an alien insurer or
insurers not authorized to transact insurance in this state, unless that person is
licensed pursuant to section 20-411, 20-411.01 or 20-411.02 or any agent or employee of
that licensed person or any other authorized insurance producer in this state provided
that the insurance producer obtains the coverage through that licensed person.
B. Except for sections 20-411, 20-411.01, 20-411.02, 20-414 and 20-418, the
insurance prescribed in this section is not subject to this article.
C. Any policy and any evidence of coverage that is issued by an alien insurer and
that is issued pursuant to this section for delivery to the insured in this state shall
contain a conspicuously stamped or written notice in bold-faced type that states:
This policy is issued by an insurance company that is not regulated by the
Arizona department of insurance. The insurance company may not provide claims
service and may not be subject to service of process in Arizona. If the
insurance company becomes insolvent, insureds or claimants will not be
eligible for protection under Arizona law.
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