Arkansas Workers’ Compensation Insurance Plan, 23 CAR pt. 203
Department of Commerce · State Insurance Department
- Status
- Final
- Citation
- 23 CAR pt. 203
- Docket
- 003.22.26-002F
- Comment deadline
- —
- Public hearing
- Apr 17, 2026
- ALC review
- Jun 18, 2026 · item E.4.a · ALC Administrative Rules
- Effective
- Jul 2, 2026 · Arkansas Register July 2026
A public hearing was held on this rule on April 17, 2026. The department indicated it received no public comments. Isaac Linam, an attorney with the Bureau of Legislative Research, asked the following questions and received the following responses: QUESTION 1: Can you explain what is contained in the Basic Manual and the Residual Market Manual for Arkansas, respectively? RESPONSE: There are two markets for workers’ compensation insurance, the voluntary market and the residual market. The voluntary market consists of those employers who are able to obtain workers’ compensation insurance through normal channels. The residual market consists of those employers who are unable to obtain workers’ compensation insurance through normal channels. Those employers are guaranteed to find coverage in the residual market, and the Arkansas Workers’ Compensation Insurance Plan is the statutory framework for that insurance to be put into place for those employers. Under the plan, carriers are assigned to those employers who are unable to find coverage in the voluntary market. An insurer who offers workers’ compensation coverage can offer that coverage in one or both markets. NCCI’s Basic Manual con
Experimental. Compiled from public records; inaccuracies may occur. Verify with official sources.