Dept. of Insurance Eliminates Property and Casualty Division

The Arizona Department of Insurance started 2015 by eliminating its independent Property and Casualty Division, and reassigning responsibilities to a newly created Rate and Form Division and the existing Financial Affairs Division. The rate and form review analysis functions of the Property and Casualty Division – as well as those performed by the Life and Health Division – will now be consolidated under the Rate and Form Division, the DOI announced Monday. Licensing functions of the Property and Casualty and the Life and Health divisions will be overseen by the Financial Affairs ...