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25-5-250
Section 25-5-250 Creation; purpose; powers. There is created a nonprofit corporation to be
known as the "Alabama Workmen's Compensation Self-Insurers Guaranty Association, Incorporated,"
hereinafter referred to as "the association." The purpose of the association shall
be to create and fund an insolvency fund to assure payment of workmen's compensation claims
due from self-insuring employers who are members of the association and who become insolvent.
The association shall have those powers granted or permitted nonprofit corporations, as provided
in Title 10. In addition, the corporation shall have the power to borrow funds as necessary
to carry out its purposes, and to purchase such insurance and reinsurance as is deemed necessary.
(Acts 1989, No. 89-533, p. 1092, §1.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/25-5-250.htm - 1K - Match Info - Similar pages
34-27C-6
Section 34-27C-6 Insurance requirements. (a) Contract security company licensees shall file
certificates of insurance with the board certifying coverage. The minimum amount of coverage
shall be two million dollars ($2,000,000) for bodily or personal injury and two hundred thousand
dollars ($200,000) for property damage. There shall be included endorsements for general liability,
personal injury, and workers' compensation. (b) An insurance policy may not be modified or
cancelled without 30 days' prior notice to the board. The insurance company shall be licensed
in this state, or in the state in which the insurance is purchased, with the name of a designated
agent for service filed in the office of the Secretary of State. (Act 2009-640, p. 1960, §6.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/34-27C-6.htm - 1K - Match Info - Similar pages
27-5-6
Section 27-5-6 "Casualty insurance" defined. (a) "Casualty insurance" includes:
(1) VEHICLE INSURANCE. Insurance against loss of, or damage to, any land vehicle or aircraft,
or any draft or riding animal or to property while contained therein or thereon or being loaded
or unloaded therein or therefrom from any hazard or cause and against any loss, liability,
or expense resulting from, or incidental to, ownership, maintenance or use of any such vehicle,
aircraft or animal, together with insurance against accidental death or accidental injury
to individuals, including the named insured, while in, entering, alighting from, adjusting,
repairing, cranking or caused by being struck by a vehicle, aircraft or draft or riding animal,
if such insurance is issued as an incidental part of insurance on the vehicle, aircraft or
draft or riding animal; (2) LIABILITY INSURANCE. Insurance against legal liability for the
death, injury or disability of any human being or for damage to property, and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-5-6.htm - 5K - Match Info - Similar pages
27-7-44
Section 27-7-44 Rules and regulations governing disclosure of nonpublic personal information.
Subject to the requirements of subsection (b) of Section 27-7-43, the commissioner may make
reasonable rules and regulations for any person engaged in providing insurance necessary to
implement and enforce the privacy provisions of 15 U.S.C. Sections 6801, et seq., being Sections
501, et seq., of Public Law 106-102, commonly known as the "Gramm-Leach-Bliley Act."
Notwithstanding the foregoing, rules and regulations adopted by the commissioner pursuant
to this section shall not apply to workers' compensation claims, workers' compensation insurance,
workers' compensation programs, or employee welfare benefit plans as defined in 29 U.S.C.
Section 1002(1) or any third-party administrator to the extent it provides services to a workers'
compensation program or employee welfare benefit plan. (Act 2001-702, p. 1509, §21.)...
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6-5-681
Section 6-5-681 Applicability of limitations. (a) The limitations in Section 6-5-682 apply
to a corporation that is a successor and became a successor before January 1, 1972, or is
any of that successor corporation's successors. (b) The limitations in Section 6-5-682 do
not apply to: (1) Workers' compensation benefits paid by or on behalf of an employer to an
employee under the laws of this state or a comparable workers' compensation law of another
jurisdiction. (2) Any claim against a corporation that does not constitute a successor asbestos-related
liability. (3) An insurer, as defined in Section 27-1-2. (4) Any obligations under the National
Labor Relations Act, as amended, or under any collective bargaining agreement. (5) A successor
that, after a merger or consolidation, continued in the business of mining asbestos; in the
business of selling or distributing asbestos fibers; or in the business of manufacturing,
distributing, removing, or installing asbestos-containing products...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/6-5-681.htm - 1K - Match Info - Similar pages
23-1-41
Section 23-1-41 Self-insurance program for department employees. (a) The State Department of
Transportation is authorized and empowered and may, with the approval of the Governor provide
for a self-insurance program covering a certain amount to be paid to the employees of the
State Department of Transportation who may be killed or injured in the line and scope of their
employment; provided, that the amount paid to any such party on account of death or injury
shall not exceed the amount or amounts as provided by the Workers' Compensation Act of this
state. The Director of Transportation may, with the approval of the Governor, enter into an
agreement with an agency, company, or corporation qualified to administer a self-insured Workers'
Compensation program to administer the program or, in the alternative, the director may elect
to administer the program with State Department of Transportation personnel. The cost of this
program shall be paid out of the funds of the State Department of...
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25-14-7
Section 25-14-7 Grounds for disciplinary action. The following acts constitute grounds for
which disciplinary action against a registrant or controlling person may be taken by the secretary:
(1) Being convicted of or entering a guilty plea or a plea of nolo contendere to, any of the
following: a. A crime in any jurisdiction which relates to the operation of a professional
employer organization or the ability to engage in business as a professional employer organization.
b. Fraud, deceit, or misconduct in the classification of employees and reporting of employee
wages under the workers' compensation laws of this state. c. Fraud, deceit, or misconduct
in the establishment of or maintenance of workers' compensation coverage, regardless of whether
self-insured or otherwise. d. Fraud, deceit, or misconduct in the operation of a professional
employer organization. (2) Failing to maintain evidence of the workers' compensation insurance
coverage required in accordance with this chapter. (3)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/25-14-7.htm - 2K - Match Info - Similar pages
27-31A-3
Section 27-31A-3 Risk retention groups chartered in this state. (a)(1) A risk retention group
shall, pursuant to this title, be chartered and licensed to write only liability insurance
pursuant to this chapter and, except as provided elsewhere in this chapter, shall comply with
all of the laws, rules, regulations, and requirements applicable to the insurers chartered
and licensed in this state and with Section 27-31A-4, to the extent the requirements are not
a limitation on laws, rules, regulations, or requirements of this state. (2) Notwithstanding
any other provision to the contrary, all risk retention groups chartered in this state shall
file with the department and the National Association of Insurance Commissioners (NAIC) an
annual statement in a form prescribed by the NAIC and, if required by the commissioner, in
electronic format. The statement shall be completed in accordance with its instructions and
the NAIC Accounting Practices and Procedures Manual. (b) Before it may offer...
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45-49-252.13
Section 45-49-252.13 Responsibility of permittee. All persons possessing permits issued in
accordance with this part shall defend, indemnify, and hold harmless Mobile County from any
and all liability from damages of whatsoever kind or nature arising from or in any manner
connected with any of its activities under this part. The permittee shall carry workers' compensation
insurance on his or her employees and show proof of insurance and payment of premiums thereon
to the director, as requested. All such policies shall provide for notice by the insurer to
the director at least 60 days prior to any termination, revocation, or modification thereof.
(Act 81-450, p. 773, §14.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-49-252.13.htm - 991 bytes - Match Info - Similar pages
16-25-33
Section 16-25-33 Term Life Insurance Fund; payment of benefits; funding. (a) A separate fund
to be known as the Term Life Insurance Fund is hereby established within the Teachers' Retirement
System of Alabama. Such fund shall consist of all monies paid by the employers for term life
insurance, and of the investment earnings of such monies and all such funds shall be used
only for the payment of benefits provided by this section. (b) Commencing October 1, 1995,
upon proof satisfactory to the board of the death of a contributing member who is a full-time
employee there shall be paid in the form of a term life insurance benefit the sum of $15,000.
On account of the death of a part-time employee, the benefit provided herein shall be prorated
based on the employee's percent of full-time employment. This benefit shall be paid to the
designated beneficiary on file with the Teachers' Retirement System. For purposes of this
section, a person shall be deemed a contributing member if (1) he or...
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