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27-11-3
Section 27-11-3 Occurrences and acts deemed to constitute transacting of insurance business
in state. Any of the following occurrences or acts in this state, whether effected by mail
or otherwise, by an insurer not licensed to do business in this state shall be included among
those occurrences and acts deemed to constitute the transacting of the business of insurance
in this state: (1) The issuance or delivery of contracts or policies of insurance covering
subjects resident, located, or expressly to be performed in this state; (2) The solicitation
of applications for such insurance; (3) The collection of premiums, membership fees, assessments,
or other considerations for such insurance; or (4) The transacting of matters subsequent to
the execution of such contracts and arising out of them or concerning them. (Acts 1971, No.
407, p. 707, §222.)...
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27-31A-14
Section 27-31A-14 County self-insurance funds. This chapter shall not apply to any liability
self-insurance fund established by counties pursuant to Title 11, Chapter 30. (Acts 1993,
No. 93-674, p. 1226, §14.)...
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27-10-24
Section 27-10-24 Licensing of surplus line brokers. (a) Any person, while licensed as a resident
insurance producer in this state for the property lines of authority and who is deemed by
the commissioner to have had sufficient experience in the insurance business to be competent
for the purpose may be licensed as a surplus line broker for the types and kinds of insurance
that he or she as a resident producer is licensed to handle as follows: (1) Application to
the commissioner for the license shall be made on forms as designated and furnished by the
commissioner. (2) License fee in the amount stated in Section 27-4-2 shall be paid to the
commissioner. The license shall expire on December 31 next after its issue. (3) Prior to the
issuance of the license, the applicant shall file with the commissioner, and thereafter for
as long as any license remains in effect he or she shall keep in force and unimpaired, a bond
in favor of the State of Alabama in the penal sum of at least fifty...
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16-27-7
Section 16-27-7 Vehicle liability insurance for employees required to transport pupils. (a)
The State Board of Education, each governing board of Alabama's public senior universities
and each city and county board of education shall provide vehicle liability insurance for
bus drivers or any other employee who is required to transport pupils. Said vehicle liability
insurance shall cover personal liabilities for bus drivers or any other employee who is required
to transport pupils. Said liability insurance shall be applicable to moving vehicular accidents
only. (b) School boards and other agencies covered by this section shall be deemed to be in
compliance with the requirements of this section by either purchasing a liability insurance
policy naming drivers as insureds, or if the employing board elects not to purchase a policy,
by reimbursing individual employees for amounts necessary to add "drive other car broad
form liability" riders to their individual vehicle liability insurance...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/16-27-7.htm - 1K - Match Info - Similar pages
27-8A-1
Section 27-8A-1 Continuing education requirements for insurance producers or service representatives.
(a) Any individual licensed in this state as an insurance producer or service representative
for the lines of insurance listed in subsection (b), and not exempt under subsection (c),
shall satisfactorily complete a minimum of 24 classroom hours of courses, programs of instruction,
or seminars as may be approved by the commissioner pursuant to this chapter, three hours of
which shall be on the topic of insurance producer ethics, reported to the commissioner on
a biennial basis in conjunction with the license renewal cycle. No person licensed for more
than one line of authority shall be required to complete a greater number of classroom hours
than is required of a person holding a license for a single line of authority. (b) This chapter
shall apply to all individuals licensed in this state as insurance producers and service representatives
for the following kinds of insurance: (1) The...
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27-21-2
Section 27-21-2 Offering of insurance. Any insurer authorized and licensed to engage in the
business of health insurance in this state may join with one or more other such insurers to
offer to any resident of this state, who meets the qualifications established by the commissioner,
insurance against major financial loss from accident or disease. Such insurance may be offered
by such insurers in their own names or in the name of a voluntary unincorporated association
or other organization formed by such insurers solely for the purpose of this plan. The forms
of applications, certifications, and policies of such insurance, the applicable premium rates,
annual statement, and all other information required by the department under Alabama law for
organizations in the business of health insurance shall be filed with the commissioner for
his approval. Any other information which the commissioner deems necessary for the efficient
operation of the plan may also be required. (Acts 1971, No. 501,...
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27-11-1
Section 27-11-1 Purpose of chapter; short title. The Legislature declares its concern that
insurers not licensed to transact the business of insurance in this state are soliciting the
sale of insurance and selling insurance to residents of this state, thus presenting the commissioner
with the problem of resorting to courts of foreign jurisdictions for the purposes of enforcing
the insurance laws of this state for the protection of its residents. It is the purpose of
this unauthorized insurers law to make it unlawful for insurers that are not licensed to transact
the business of insurance in this state and to subject said insurers to the jurisdiction of
the courts of this state in actions or proceedings brought by the commissioner in transactions
involving unauthorized insurers or for the protection of insureds and claimants residing in
this state and for the protection of the public. This chapter constitutes and may be referred
to as the "Unauthorized Insurers Law." (Acts 1971, No....
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33-1-25
Section 33-1-25 Port authority authorized to carry fire and casualty and public liability insurance.
The Alabama State Port Authority is hereby authorized to provide insurance covering loss or
damage to its properties, or any properties of others in its custody, care or control, or
any properties as to which it has any insurable interest, caused by fire or other casualty;
and may likewise provide insurance for the payment of damages on account of the injury to
or death of persons, and the loss of or destruction of properties of others; and may pay the
premiums thereon out of the revenues of the port authority. Nothing herein shall be construed
to authorize or permit the institution of any civil action or proceeding in any court against
the port authority for or on account of any matters referred to in this section; provided,
that any contracts of insurance herein authorized may, in the discretion of the director of
the port authority, provide for a direct right of action against the...
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27-25-3
Section 27-25-3 Definitions. For the purposes of this chapter, the following terms shall have
the following meanings: (1) ABSTRACT OF TITLE. A compilation or summary of all instruments
of public record of whatever kind or nature which in any manner affect title to a specified
parcel of real property. (2) BUSINESS ENTITY. A domestic entity properly formed and existing
under Title 10A. (3) COMMISSIONER. The Commissioner of the Alabama Department of Insurance.
(4) INDIVIDUAL. A natural person. (5) NAIC. The National Association of Insurance Commissioners,
its subsidiaries and affiliates, and any successor thereof. (6) OPINION OF TITLE. A written
expression of the status of title, including, but not limited to, the validity or invalidity
thereof, based upon an examination by an attorney at law, who is licensed to practice law
in this state, of instruments of public record or an abstract thereof affecting title to a
specified parcel of real property to ascertain the history and present...
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27-25-4.3
Section 27-25-4.3 Prelicensing course and examination. (a)(1) Every individual subject to the
examination required in subsection (b) shall first complete a prelicensing course consisting
of 20 classroom hours or equivalent individual instruction on the general principles of title
insurance, the duties and responsibilities of a title insurance agent, and the title insurance
laws and regulations of this state. The course shall be taught only by those educational institutions,
title insurers, or title insurance trade organizations which hold written authority from the
commissioner. (2) The prelicensing course must have been completed within 12 months before
the date of the examination as shown on the certificate furnished by the prelicensing course
provider. (3) Every prelicensing course provider shall apply annually for the continued authority
to issue certificates of completion under rules and regulations to be prescribed by the commissioner.
(4) At the time of initial approval and...
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