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27-32-31
Section 27-32-31 Claims upon liquidation of insurer - Time to file. (a) If, upon the granting
of an order of liquidation under this chapter or at any time thereafter during the liquidation
proceedings, the insurer shall not be clearly solvent, the court shall, after such notice
and hearing as it deems proper, make an order declaring the insurer to be insolvent. Thereupon,
regardless of any prior notice which may have been given to creditors, the commissioner shall
notify all persons who may have claims against the insurer and who have not filed proper proofs
thereof to present the same to him at a place specified in such notice, within four months
from the date of entry of such order or, if the commissioner certifies that it is necessary,
within such longer time as the court shall prescribe. The last day for filing of proofs of
claims shall be specified in the notice, and notice shall be given in a manner to be determined
by the court. (b) Proofs of claim may be filed subsequent to the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-32-31.htm - 1K - Match Info - Similar pages
27-32-19
Section 27-32-19 Claims in delinquency proceedings - Form; time; notice and hearing; order.
(a) All claims against an insurer against which delinquency proceedings have been begun shall
set forth in reasonable detail the amount of the claim, or the basis upon which such amount
can be ascertained, the facts upon which the claim is based and the priorities asserted, if
any. All such claims shall be verified by the affidavit of the claimant, or someone authorized
to act on his behalf and having knowledge of the facts, and shall be supported by such documents
as may be material thereto. (b) All claims filed in this state shall be filed with the receiver,
whether domiciliary or ancillary, in this state on or before the last date for filing as specified
in this chapter. (c) Within 10 days of the receipt of any claim or within such further period
as the court may, for good cause shown, fix, the receiver shall report the claim to the court,
specifying in such report his recommendation with...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-32-19.htm - 2K - Match Info - Similar pages
27-1-17
Section 27-1-17 Limitation periods for payment of claims; overdue claims; retroactive denials,
adjustments, etc.; penalties. (a) Each insurer, health service corporation, and health benefit
plan that issues or renews any policy of accident or health insurance providing benefits for
medical or hospital expenses for its insured persons shall pay for services rendered by Alabama
health care providers within 45 calendar days upon receipt of a clean written claim or 30
calendar days upon receipt of a clean electronic claim. If the insurer, health service corporation,
or health benefit plan is denying or pending the claim, the insurer, health service corporation,
or health benefit plan shall, within 45 calendar days for a written claim and 30 calendar
days for an electronic claim, notify the health care provider or certificate holder of the
reason for denying or pending the claim and what, if any, additional information is required
to process the claim. Any undisputed portion of the claim...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-1-17.htm - 17K - 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
25-5-8
foregoing, the insurance association, organization, or corporation shall have first had its
contract and plan of business approved in writing by the Commissioner of the Department of
Insurance of Alabama and have been authorized by the Department of Insurance to transact the
business of workers' compensation insurance in this state and under the plan. Notwithstanding
any other provision of the law to the contrary, the obligations of employers under law for
workers' compensation benefits for injury of employees may be insured by any combination
of life, disability, accident, health, or other insurance provided that the coverages insure
without limitation or exclusion the workers' compensation benefits of this state. (b) Option
to operate as self-insurer. An employer subject to this chapter who elects not to insure his
or her liability thereunder shall furnish satisfactory proof to the secretary of his or her
financial ability to pay directly compensation in the amount and manner and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/25-5-8.htm - 14K - Match Info - Similar pages
27-60-2
committees as its bylaws may provide for the carrying out of its functions. 4. Corporate records
of the commission. The commission shall maintain its corporate books and records in accordance
with the bylaws. 5. Qualified immunity, defense, and indemnification. a. The members, officers,
executive director, employees, and representatives of the commission shall be immune from
suit and liability, either personally or in their official capacity, for any claim for damage
to or loss of property or personal injury or other civil liability caused by
or arising out of any actual or alleged act, error, or omission that occurred, or that the
person against whom the claim is made had a reasonable basis for believing occurred within
the scope of commission employment, duties, or responsibilities. Nothing in this paragraph
shall be construed to protect any such person from suit or liability, or both, for any damage,
loss, injury, or liability caused by the intentional or willful and wanton...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-60-2.htm - 45K - Match Info - Similar pages
27-61-1
functions. 5. CORPORATE RECORDS OF THE COMMISSION The Commission shall maintain its corporate
books and records in accordance with the Bylaws. 6. QUALIFIED IMMUNITY, DEFENSE, AND INDEMNIFICATION
a. The Members, officers, executive director, employees, and representatives of the Commission,
the Executive Committee, and any other Committee of the Commission shall be immune from suit
and liability, either personally or in their official capacity, for any claim for damage to
or loss of property or personal injury or other civil liability caused by or
arising out of any actual or alleged act, error, or omission that occurred, or that the person
against whom the claim is made had a reasonable basis for believing occurred within the scope
of Commission employment, duties, or responsibilities; provided that nothing in this paragraph
shall be construed to protect any such person from suit and/or liability for any damage, loss,
injury, or liability caused by the intentional or willful or wanton...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-61-1.htm - 62K - Match Info - Similar pages
32-8-87
or any other person pays or makes other monetary settlement to a person when a vehicle is damaged
and the damage to the vehicle is greater than or equal to 75 percent of the fair retail value
of the vehicle prior to damage as set forth in a current edition of a nationally recognized
compilation of retail values, including automated data bases. The compensation for total loss
as defined in this subsection shall not include payments by an insurer or other person for
medical care, bodily injury, vehicle rental, or for anything other than the amount
paid for the actual damage to the motor vehicle. A vehicle that has sustained minor damage
as a result of theft or vandalism shall not be considered a total loss. Any person acquiring
ownership of a damaged motor vehicle that meets the definition of total loss for which a salvage
title has not been issued shall apply for a salvage title, other than a scrap metal processor
acquiring such vehicle for purposes of recycling into metallic...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/32-8-87.htm - 32K - Match Info - Similar pages
27-42-10
Section 27-42-10 Duties and powers of the commissioner; judicial review. (a) The commissioner
shall: (1) Notify the association of the existence of an insolvent insurer not later than
three days after he receives notice of determination of the insolvency. The association shall
be entitled to a copy of any complaint seeking an order of liquidation with a finding of insolvency
against a member company at the time that such complaint is filed with a court of competent
jurisdiction. (2) Upon request of the board of directors, provide the association with a statement
of the net direct written premiums of each member insurer. (b) The commissioner may: (1) Require
that the association notify the insureds of the insolvent insurer and any other interested
parties of the determination of insolvency and of their rights under this chapter. Such notification
shall be by mail at their last known address, where available, but if sufficient information
for notification by mail is not available, notice...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-42-10.htm - 2K - Match Info - Similar pages
10A-3-7.13
Section 10A-3-7.13 Liquidation - Filing of claims in liquidation proceedings. In proceedings
to liquidate the assets and affairs of a nonprofit corporation, the court may require all
creditors of the nonprofit corporation to file with the clerk of the court or with the receiver,
in the form as the court may prescribe, proofs under oath of their respective claims. If the
court requires the filing of claims, it shall fix a date, which shall be not less than four
months from the date of the order, as the last day for the filing of claims, and shall prescribe
the notice that shall be given to creditors and claimants of the date so fixed. Prior to the
date so fixed, the court may extend the time for the filing of claims. Creditors and claimants
failing to file proofs of claim on or before the date so fixed may be barred, by order of
court, from participating in the distribution of the assets of the nonprofit corporation.
(Acts 1984, No. 84-290, p. 502, §60; §10-3A-152; amended and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-3-7.13.htm - 1K - Match Info - Similar pages
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