Arizona HB2996 regulates certificates of insurance, prohibiting misleading information and voiding non-compliant certificates.

Arizona HB2996 amends the Arizona Revised Statutes to regulate certificates of insurance. It prohibits the preparation, issuance, request, or requirement of certificates that contain false or misleading information, alter policy coverage, or falsely claim compliance with contract requirements. The director of the Arizona Department of Insurance is authorized to investigate violations, issue cease and desist orders, and assess civil penalties up to $1,000 per violation.

Arizona HB2996 regulates certificates of insurance, prohibiting misleading information and voiding non-compliant certificates.

Arizona HB2996 amends the Arizona Revised Statutes to regulate certificates of insurance. It prohibits the preparation, issuance, request, or requirement of certificates that contain false or misleading information, alter policy coverage, or falsely claim compliance with contract requirements. The director of the Arizona Department of Insurance is authorized to investigate violations, issue cease and desist orders, and assess civil penalties up to $1,000 per violation.