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27-29-6.2
Section 27-29-6.2 Group-wide supervisor for internationally active insurance group. (a)(1)
The commissioner may act as the group-wide supervisor for any internationally active insurance
group in accordance with this section. The commissioner may otherwise acknowledge another
regulatory official as the group-wide supervisor where the internationally active insurance
group meets any of the following: a. Does not have substantial insurance operations in the
United States. b. Has substantial insurance operations in the United States, but not in this
state. c. Has substantial insurance operations in the United States and this state, but the
commissioner has determined pursuant to the factors set forth in subsections (b) and (f) that
the other regulatory official is the appropriate group-wide supervisor. (2) An insurance holding
company system that does not otherwise qualify as an internationally active insurance group
may request that the commissioner make a determination or acknowledgment...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-29-6.2.htm - 10K - Match Info - Similar pages
27-31D-1
Section 27-31D-1 Premium discount or insurance rate reduction - Construction and certification.
(a) Commencing on May 14, 2009, insurance companies shall provide a premium discount or insurance
rate reduction in an amount and manner as established in subsection (j) and pursuant to Section
27-31D-3. In addition, insurance companies may also offer additional adjustments in deductible,
other credit rate differentials, or a combination thereof, collectively referred to as adjustments.
These adjustments shall be available under the terms specified in this section to any owner
who builds or locates a new insurable property, in the State of Alabama, to resist loss due
to hurricane or other catastrophic windstorm events. (b) To obtain the adjustment provided
in this section, an insurable property located in this state shall be certified as constructed
in accordance with either of the following: (1) The 2006 International Residential Code, as
amended, including all hurricane mitigation...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-31D-1.htm - 4K - Match Info - Similar pages
29-5A-21
Section 29-5A-21 Duties; requests for assistance; reports of state agencies and departments.
(a) The Legal Division shall have all of the following duties: (1) To respond to questions
concerning the organization and administration of state government or the operation of constitutional
or statutory law. (2) To render assistance in the drafting of bills and amendments to bills.
(3) To make studies and reports on problems of state and local government in Alabama, either
upon request or on its own initiative. (4) To conduct a continuous analysis of the scope,
effect, and methods of federal, state, and local government operations in Alabama and make
those recommendations to the Legislative Council as appropriate. (5) To prepare, under the
direction of the Code Commissioner, a compilation or code of the statutes of Alabama. (6)
To determine, subject to the approval of the Code Commissioner, the content of the code and
any supplements thereto and to prepare an annual codification bill to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/29-5A-21.htm - 2K - Match Info - Similar pages
36-26-40
Section 36-26-40 Studies and reports by director; investigations and hearings as to compliance
with provisions of article, etc., generally. The director shall make studies and report to
the board upon all matters touching the enforcement and the effect of the provisions of this
article and the rules and regulations prescribed thereunder. He may visit all places of employment
and services affected by this article in order to ascertain and advise with the heads of the
various departments concerning their methods of handling those matters affecting employees
in the service, such as hours of work, attendance, training, working conditions and morale
and in order to ascertain whether the provisions of this chapter and the rules promulgated
thereunder are obeyed. The director, in the course of such inquiries, shall have the power
to administer oaths, subpoenas and require the attendance of witnesses and the production
of books, papers, documents and accounts pertaining to the subject under...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/36-26-40.htm - 2K - Match Info - Similar pages
27-17A-32
Section 27-17A-32 Rights of seller; powers and duties of trustee. (a) If amounts paid by the
purchaser under a preneed contract for funeral merchandise have previously been deposited
in trust, the seller may withdraw the principal amount and trust appreciation attributable
to the delivered item at such time as the funeral merchandise is delivered or installed or,
if comprised of materials designed to withstand prolonged, protected storage without deterioration,
the merchandise is placed in storage with a responsible third party bonded and insured for
the wholesale value thereof and evidenced by a receipt specifically identifying the item,
the specific preneed contract, the location of the item, and the identity and address of the
bonding and insuring parties. For purposes of this subsection only, caskets and alternative
containers may not be held in storage by the seller or a third party storage facility prior
to the death of the funeral beneficiary. (b) The trustee shall make regular...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-17A-32.htm - 5K - Match Info - Similar pages
27-23-21
Section 27-23-21 Reasons for cancellation. (a) No notice of cancellation of a policy of automobile
liability insurance shall be effective unless it is based on one or more of the following
reasons: (1) Nonpayment of premium; (2) The policy was obtained through a material misrepresentation;
(3) Any insured violated any of the terms and conditions of the policy; (4) The named insured
failed to disclose fully his motor vehicle accidents and moving traffic violations for the
preceding 36 months if called for in the application; (5) The named insured failed to disclose
in his written application or in response to inquiry by his broker, or by the insurer or its
agent information necessary for the acceptance or proper rating of the risk; (6) Any insured
made a false or fraudulent claim or knowingly aided or abetted another in the presentation
of such a claim; (7) Failure to maintain membership in any group or organization when such
membership is a prerequisite to the purchase of such...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-23-21.htm - 4K - Match Info - Similar pages
27-44-8
Section 27-44-8 Powers and duties of association. (a) If a member insurer is an impaired insurer,
the association may, in its discretion and subject to any conditions imposed by the association
that do not impair the contractual obligations of the impaired insurer, and that are approved
by the commissioner: (1) Guarantee or reinsure, or cause to be guaranteed, assumed, or reinsured,
any or all of the covered policies of the impaired insurers. (2) Provide such moneys, pledges,
notes, guarantees, or other means as are proper to effectuate subdivision (1), and assure
payment of the contractual obligations of the impaired insurer pending action under subdivision
(1). (b) If a member insurer is an insolvent insurer, the association shall, in its discretion
and subject to the approval of the commissioner, do either of the following: (1)a. Guarantee,
assume, or reinsure, or cause to be guaranteed, assumed, or reinsured, the covered policies
of the insolvent insurer. b. Assure payment of the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-44-8.htm - 24K - Match Info - Similar pages
27-7-5
Section 27-7-5 Licenses - Qualifications. (a) An individual applying for a resident insurance
producer license shall make application to the commissioner on the Uniform Application, and
an individual applying for a service representative license shall make application to the
commissioner on the application prescribed by the commissioner, each declaring under penalty
of refusal, suspension, or revocation of the license that the statements made in the application
are true, correct, and complete to the best of the individual's knowledge and belief. Before
approving the application, the commissioner shall find that the individual has satisfied all
of the following: (1) The individual is at least 18 years of age. (2) The individual has not
committed any act that is a ground for denial, suspension, or revocation set forth in Section
27-7-19. (3) The individual has completed a prelicensing course of study for the lines of
authority for which the person has applied, consisting of 20 classroom...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-7-5.htm - 6K - Match Info - Similar pages
25-14-9
Section 25-14-9 Written contract; rights and duties of clients; employees, and professional
employer organizations. (a) All professional employer organization arrangements shall have
a written contract between the client and the professional employer organization recognizing
the rights, responsibilities, and duties of each party. The contract shall disclose to the
client the services to be rendered by the professional employer organization, including the
total administrative fees charged for professional employer organization services, the respective
rights and obligations of the parties, and shall provide the following: (1) The professional
employer organization reserves a right of direction and control over contract employees and
exercises that right in the context of the need to do so according to the terms and conditions
of the professional employment agreement. The client, however, as an employer, may retain
sufficient direction and control over covered employees necessary to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/25-14-9.htm - 12K - Match Info - Similar pages
27-13-75
Section 27-13-75 Alteration, supplementation, and amendment of rating plans. A rating organization
or any insurer making its own rates may, with the approval of the commissioner, from time
to time, alter, supplement, or amend its rating plans, or any part thereof, by filing with
the department copies of such alterations, supplements, or amendments, together with a statement
of the reason, or reasons, for such alteration, supplement, or amendment. If such alteration,
supplement, or amendment shall have the effect of increasing or decreasing rates, the commissioner
shall determine whether the rates as altered thereby are reasonable, adequate, and not unfairly
discriminatory. If the commissioner shall determine that the rates as so altered are not unreasonably
high, or inadequate or unfairly discriminatory, he shall make an order approving them. If
he shall find that the rates as altered are unreasonable, inadequate, or unfairly discriminatory,
he shall issue an order disapproving such...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-13-75.htm - 2K - Match Info - Similar pages
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