State RegulationsAZ specificDifficulty 1/5
An Arizona producer is the subject of a licensing enforcement action in another jurisdiction. Under A.R.S. 20-301, to whom must the producer report the action?
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Answer & full 3-part explanation (select an option above, or peek)
Why A is correct
Under A.R.S. 20-301, the producer's report of an action taken in another jurisdiction goes to the Director of the Arizona Department of Insurance and Financial Institutions. Telling the other state's regulator or the insurers does not discharge the statutory duty — Arizona must hear it from the licensee herself.
Why the other options are wrong
- B) Wrong because reporting to the regulator that took the action does not satisfy A.R.S. 20-301; the report is owed to Arizona's Director.
- C) Wrong because appointing insurers are not the statutory recipient; A.R.S. 20-301 directs the report to the Director.
- D) Wrong because a county court is not a recipient under A.R.S. 20-301; the duty runs to the insurance regulator.
Memory hook
Any regulator's action lands on DIFI's desk — yours to file.