# AR Insurance Bulletin 1-2006: Act 1526 of 2005 > Arkansas · Agency guidance · In force URL: https://www.frixlaw.com/law-library/statutes/AR_INS_B_2006-01 ## Section - **Citation:** AR Insurance Bulletin 1-2006 - **Heading:** Act 1526 of 2005 - **Jurisdiction:** Arkansas - **Kind:** Agency guidance - **Status:** In force - **Text as of:** August 14, 2026 - **Source:** Compiled text - **Location:** Arkansas Insurance Department Bulletins and Directives / Act 1526 of 2005 ## Text Arkansas Insurance Department Mike Huckabee Julie Benafield Bowman Governor Commissioner January 17, 2006 BULLETIN NO. 1-2006 TO: All Licensed Foreign, Alien and Domestic Insurers, Accredited/Trusteed Reinsurers, Farmers' Mutual Aid Associations, Hospital and Medical Service Corporation, Health Maintenance Organizations, Fraternal Benefit Societies, Insurer Trade Associations, Rate Service or Advisory Organizations; All Agent and Broker Trade Associations, All Third Party Administrators, Adjuster Trade Association; Approved But Not Admitted Surplus Line Insurers and Licensed Funeral Directors Holding Permits to sell Prepaid Funeral Benefit Contract; Licensed Employee Leasing Firms/Groups; Licensed Managing General Agents/Agencies; Registered Life Care and Continuing Care Facilities; Licensed Surplus Line Brokers; Registered Notary Bond Surety Corporations; and Other Interested Parties. FROM: ARKANSAS INSURANCE DEPARTMENT SUBJECT: ACT 1526 of 2005 The Arkansas Insurance Department issues this Bulletin to inform all above-referenced parties of Act 1526 of 2005 (“Act”), codified as Ark. Code Ann. §§ 4-110-101, et seq. The stated purpose of the Act is to ensure that Arkansans’ sensitive personal information is protected. The Act requires all persons or businesses to take all reasonable steps to destroy such information that is not to be retained. “Business” includes “a financial institution organized, chartered, or holding a license or authorization certificate under the law of this state, or any other state, the United States, or of any other country or the parent or subsidiary of a financial institution.” Ark. Code Ann. § 4-110-103(2)(A). The destruction of customers’ personal information must be accomplished so that the information is unreadable and undecipherable. Businesses must also, with some exceptions, inform customers when there has been a breach of security te, or any other state, the United States, or of any other country or the parent or subsidiary of a financial institution.” Ark. Code Ann. § 4-110-103(2)(A). The destruction of customers’ personal information must be accomplished so that the information is unreadable and undecipherable. Businesses must also, with some exceptions, inform customers when there has been a breach of security. This means that “any resident of Arkansas whose unencrypted [computerized] personal information was, or is reasonably believed to have been, acquired by an unauthorized person” must be notified if one of the exceptions in Act 1526 does not apply. The Act contains an exemption for persons or businesses that are regulated by state or federal law that provides greater protection for personal information and at least as thorough disclosure requirements for security breaches as are provided by the Act. Arkansas Insurance Department Rule and Regulation 77, “Standards for Safeguarding Customer Privacy” was promulgated pursuant to the federal Gramm-Leach-Bliley Act and Ark. Code Ann. § 23-63-113. Rule 77 does not save Department licensees from having to comply with the Act, because Rule 77 does not apply to all persons/business, while the Act does. Also, Rule 77 does not provide greater 1200 West Third Street, Little Rock, AR 72201-1904 · (501) 371-2600 · (501) 371-2618 fax · www.insurance.arkansas.gov Information (800) 282-9134 · Consumer Services (800) 852-5494 · Seniors (800) 224-6330 · Criminal Inv. (866) 660-0888 icensees from having to comply with the Act, because Rule 77 does not apply to all persons/business, while the Act does. Also, Rule 77 does not provide greater 1200 West Third Street, Little Rock, AR 72201-1904 · (501) 371-2600 · (501) 371-2618 fax · www.insurance.arkansas.gov Information (800) 282-9134 · Consumer Services (800) 852-5494 · Seniors (800) 224-6330 · Criminal Inv. (866) 660-0888 protection and at least as thorough disclosure requirements as the Act; for instance, Rule 77 has no disclosure requirements for breaches of security. Therefore, the Arkansas Insurance Department urges all persons and businesses, as defined in the Act, to take steps to ensure that they are meeting all of the Act’s requirements, lest they be subject to penalties. The Arkansas Attorney General is charged with enforcement of the Act. The text of the Act can be found at http://www.arkleg.state.ar.us/. The statutes can be found at the State of Arkansas website: http://www.state.ar.us/. All carriers are instructed to provide copies of this Bulletin to their appointed producers. Questions regarding this Bulletin should be directed to the Office of the Arkansas Attorney General at 1-800-482-8982, 682-2341 or email www.arkansasag.gov. (signed by Julie Benafield Bowman)+ ________________________________ JULIE BENAFIELD BOWMAN INSURANCE COMMISSIONER (January 17, 2006) ________________________________ DATE ## Nearby sections - [AR Insurance Bulletin 1-83 Mortgage Guaranty Insurance: Commitment Fees](https://www.frixlaw.com/law-library/statutes/AR_INS_B_1983-01.md) - [AR Insurance Bulletin 1-84 Act 357 Of 1983](https://www.frixlaw.com/law-library/statutes/AR_INS_B_1984-01.md) - [AR Insurance Bulletin 1-87 Policy Loan Interest Rates](https://www.frixlaw.com/law-library/statutes/AR_INS_B_1987-01.md) - [AR Insurance Bulletin 1-95 WC Employers Paying Claims Directly -- SEE 1-95 AMENDMENT ABOVE DATED AUGUST 4, 2011](https://www.frixlaw.com/law-library/statutes/AR_INS_B_1995-01.md) - [AR Insurance Bulletin 1-96 Personal Lines Loss Settlements](https://www.frixlaw.com/law-library/statutes/AR_INS_B_1996-01.md) - [AR Insurance Bulletin 1-98 Required Reports](https://www.frixlaw.com/law-library/statutes/AR_INS_B_1998-01.md) - [AR Insurance Bulletin 1-2001 JOINT BULLETIN-Sales of Securities Products by Insurance Agents](https://www.frixlaw.com/law-library/statutes/AR_INS_B_2001-01.md) - [AR Insurance Bulletin 1-2002 Voluntary Expedited Filing Procedures For Exclusions Related To Acts Of Terrorism](https://www.frixlaw.com/law-library/statutes/AR_INS_B_2002-01.md) - [AR Insurance Bulletin 1-2006 Act 1526 of 2005](https://www.frixlaw.com/law-library/statutes/AR_INS_B_2006-01.md) - [AR Insurance Bulletin 1-2008 Filing Procedures for Compliance with the Provisions of the Terrorism Risk Insurance Program Re-authorization Act of 2007](https://www.frixlaw.com/law-library/statutes/AR_INS_B_2008-01.md) - [AR Insurance Bulletin 1-2009 Ark. Code Ann. § 23-86-119 “Disclosure to Policyholders”](https://www.frixlaw.com/law-library/statutes/AR_INS_B_2009-01.md) - [AR Insurance Bulletin 1-2010 Replacement of Life Insurance Policies or Annuity Contracts; Compliance with Department Rule 97](https://www.frixlaw.com/law-library/statutes/AR_INS_B_2010-01.md) - [AR Insurance Bulletin 1-2013 Requirements for Accreditation for Participation in the Arkansas Federally-facilitated Exchange Partnership](https://www.frixlaw.com/law-library/statutes/AR_INS_B_2013-01.md) - [AR Insurance Bulletin 1-2014 Requirement to Provide Additional Language to be Included with the Delivery of Their Individual Policies](https://www.frixlaw.com/law-library/statutes/AR_INS_B_2014-01.md) --- Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/AR_INS_B_2006-01. Check the current official text before relying on it. Not legal advice.