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25-5-229
Section 25-5-229 Solicitation or writing of workers' compensation insurance by insurance companies,
etc., not in compliance with Code. Any insurance corporation, organization or association,
or any officer, employee or agent of such insurance corporation, organization or association
who solicits or writes any workers' compensation insurance in this state without complying
with the law as set forth in this Code in reference to filing with the Commissioner of Insurance
its classifications of risks and premiums relating thereto or without having received from
said Commissioner of Insurance approval of its plan of business or who fails to comply with
any other requisites set out in this chapter to make reports in writing, who conducts business
in the State of Alabama, shall be guilty of a misdemeanor and, on conviction, may be imprisoned
in the county jail or sentenced to hard labor for the county for not more than 12 months and
must also be fined not more than $500.00. (Acts 1919, No....
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27-17A-11
Section 27-17A-11 Application for certificate; statements; issuance; expiration; transfer.
(a) An application to the commissioner for a certificate of authority shall be accompanied
by the statement and other matters described in this section in the form prescribed by the
commissioner. Annually thereafter, within six months after the end of its fiscal period, or
within an extension of time therefor, as the commissioner for good cause may grant, the person
authorized to engage in the sale of preneed contracts shall file with the commissioner a full
and true statement of his or her financial condition, transactions, and affairs, prepared
on a basis as adopted by a rule of the commissioner, as of the preceding fiscal period or
at such other time or times as the commissioner may provide by rule, together with information
and data which may be required by the commissioner. (b) The statement shall include all of
the following: (1) The types of preneed contracts proposed to be written and the...
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27-7-30
Section 27-7-30 Appointment of producer - Generally. (a) Each insurer appointing a producer
in this state shall file with the commissioner, in a format approved by the commissioner,
a notice of appointment within 15 days from the date the agency contract is executed or the
first insurance application is submitted, whichever occurs first. An insurer may also elect
to appoint a producer to all or some insurers within the insurer's holding company system
or group by the filing of a single appointment request. (b) Upon receipt of the notice of
appointment, the commissioner shall verify within 30 days that the insurance producer is eligible
for appointment. If the insurance producer is determined to be ineligible for appointment,
the commissioner shall notify the insurer within five days of the commissioner's determination.
(c) An insurer shall pay an appointment fee as set forth in Section 27-4-2 for each insurance
producer appointed by the insurer. (d) An insurer shall remit, in a manner...
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27-13-29
Section 27-13-29 Filing of rating systems with department by insurers - Requirement. Beginning
180 days after January 1, 1972, every insurer shall, before using or applying any rate to
any kind of insurance coming within the scope of this article, file with the department a
copy of the rating system upon which such rate is based or by which such rate is fixed or
determined. The filing required in this section may be made on behalf of such insurer by a
rating organization of which such insurer is a member or subscriber. The provisions of this
section shall be deemed to have been complied with by any insurer which had, before January
1, 1972, been a member or subscriber of a rating organization doing business in the state.
From and after the date of the filing of such rating systems, every insurer shall charge and
receive rates fixed or determined in strict conformity therewith, except as in this article
otherwise expressly provided. (Acts 1945, No. 132, p. 133, §8; Acts 1971, No. 407,...
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27-13-67
Section 27-13-67 Filing of rating plans with department by insurers - Requirement. Beginning
180 days after January 1, 1972, every insurer shall, before using or applying any rate to
any kind of insurance coming within the scope of this article, file with the department a
copy of the rating plan upon which such rate is based or by which such rate is fixed or determined.
The filing required in this section may be made on behalf of such insurer by a rating organization
of which such insurer is a member or subscriber. From and after the date of the filing of
such rating plans, every insurer shall charge and receive rates fixed or determined in strict
conformity therewith, except as in this article otherwise expressly provided. (Acts 1945,
No. 133, p. 145, §7; Acts 1971, No. 407, p. 707, §290.)...
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27-31C-5
Section 27-31C-5 Formation requirements. (a) The requirements of Section 27-31B-8 apply to
an Alabama Coastal Captive Insurance Company. (b) The commissioner has discretion to restrict
the form of an Alabama Coastal Captive Insurance Company to one or more of the types of defined
captives listed in Section 27-31B-8, and has the discretion to accept or deny an application
based on a finding that one or more of the incorporation or organization options available
are not feasible for an Alabama Coastal Captive Insurance Company. (Act 2008-391, p. 742,
§2.)...
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27-13-20
Section 27-13-20 Definitions. For the purposes of this article, unless otherwise stated, the
following terms shall have the meanings respectively ascribed to them by this section. (1)
RATE. The unit charge by which the measure of exposure or the amount of insurance specified
in a policy of insurance or covered thereunder is multiplied to determine the premium. (2)
PREMIUM. The consideration paid, or to be paid, to an insurer for the issuance and delivery
of any binder or policy of insurance. (3) RATE-MAKING. The examination and analysis of every
factor and influence related to, and bearing upon, the hazard and risk made the subject of
insurance, the collection and collation of such factors and influences into rating systems
and the application of such rating systems to individual risks. (4) RATING SYSTEM. Every schedule,
class, classification, rule, guide, standard, manual, table, rating plan, policy, policy form,
or compilation, by whatever name described, containing the rates used by...
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27-13-60
Section 27-13-60 Definitions. For the purposes of this article, unless otherwise stated, the
following terms shall have the meanings respectively ascribed to them by this section: (1)
RATE. The unit charge by which the measure of exposure or the amount of insurance specified
in a policy of insurance or covered thereunder is multiplied to determine the premium. (2)
PREMIUM. The consideration paid or to be paid to an insurer for the issuance and delivery
of any binder or policy of insurance. (3) RATE-MAKING. The examination and analysis of every
factor and influence related to and bearing upon the hazard and risk made the subject of insurance;
the collection and collation of such factors and influences into rating plans; systems; and
the application of such rating systems to individual risks. (4) RATING PLAN. Every schedule,
class, classification, rule, guide, standard, manual, table, rating plan, policy, policy form,
or compilation by whatever name described, containing the rates used...
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27-19-105
Section 27-19-105 Regulations for long-term care policies; outline of coverage, policy summary,
and monthly report. (a) The commissioner may adopt regulations that include standards for
full and fair disclosure setting forth the manner, content, and required disclosures for the
sale of long-term care insurance policies, terms of renewability, initial and subsequent conditions
of eligibility, nonduplication of coverage provisions, coverage of dependents, preexisting
conditions, termination of insurance, continuation or conversion, probationary periods, limitations,
exceptions, reductions, elimination periods, requirements for replacement, recurrent conditions,
and definitions of terms. Regulations under this subsection should recognize the developing
and unique nature of long-term care insurance and the distinction between group and individual
long-term insurance policies. (b) No long-term care insurance policy may do any of the following:
(1) Be cancelled, nonrenewed, or otherwise...
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27-21A-20
Section 27-21A-20 Administrative procedures. (a) When the commissioner has cause to believe
that grounds for the denial of an application for a certificate of authority exist, or that
grounds for the suspension or revocation of a certificate of authority exist, he shall notify
the health maintenance organization and the State Health Officer in writing specifically stating
the grounds for denial, suspension, or revocation. If so requested in writing by the health
maintenance organization, the commissioner shall set a hearing on the matter within 30 days
of the receipt of such request. (b) The State Health Officer, or his designated representative,
shall be in attendance at the hearing and shall participate in the proceedings. The recommendation
and findings of the State Health Officer with respect to matters relating to the quality of
health care services provided in connection with any decision regarding denial, suspension,
or revocation of a certificate of authority, shall be...
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