27-2-5
Section 27-2-5 Commissioner of Insurance - Official seal. (a) The commissioner shall have an
official seal as heretofore provided him by the State of Alabama. (b) All certificates executed
by the commissioner, other than licenses of agents, brokers, solicitors, adjusters, and similar
licenses, shall bear his seal. (c) Every such certificate so executed and sealed under the
authority conferred upon the commissioner by law may be recorded in the proper recording office
in this state in the same manner and with the same effect as a deed regularly acknowledged
or proven. (d) Every certificate and other document or paper executed by the commissioner
pursuant to any authority conferred upon him by law and sealed with the seal of his office
and all copies or photographic copies of papers certified by him and authenticated by such
seal shall, in all cases, be evidenced equally and in like manner as the original thereof
and shall have the same force and effect as the original would in any...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-2-5.htm - 1K - Match Info - Similar pages

27-25-4.6
Section 27-25-4.6 Fingerprints. (a) In order to make a determination of title insurance agent
license eligibility, the commissioner may require fingerprints of initial applicants for a
title insurance agent license, and the fingerprints and the fee required to perform the criminal
history record checks shall be submitted to the Alabama Department of Public Safety and the
Federal Bureau of Investigation (FBI) for state and national criminal history record checks.
(b) The commissioner shall require a criminal history record check on each initial applicant
for title insurance agent license pursuant to this section. The commissioner shall require
each applicant to submit a full set of fingerprints, including a scanned file from a hard
copy fingerprint, to allow the commissioner to obtain and receive national criminal history
records from the FBI Criminal Justice Information Services Division. (c) The commissioner
may contract for the collection, transmission, and resubmission of...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-25-4.6.htm - 2K - Match Info - Similar pages

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

27-7-4.4
Section 27-7-4.4 Fingerprints. (a) In order to make a determination of insurance producer license
eligibility, the commissioner is authorized to require fingerprints of initial resident applicants
for an insurance producer license and to submit the fingerprints and the fee required to perform
the criminal history record checks to the Alabama Department of Public Safety and the Federal
Bureau of Investigation (FBI) for state and national criminal history record checks. (b) The
commissioner shall require a criminal history record check on each initial resident applicant
for insurance producer license in accordance with this section. The commissioner shall require
each applicant to submit a full set of fingerprints, including a scanned file from a hard
copy fingerprint, in order for the commissioner to obtain and receive national criminal history
records from the FBI Criminal Justice Information Services Division. (c) The commissioner
may contract for the collection, transmission, and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-7-4.4.htm - 3K - Match Info - Similar pages

11-91-4
Section 11-91-4 Payment of premiums. Such governing bodies shall have authority to pay all
or such part of the premium for such insurance as such governing bodies shall determine out
of any available funds and to deduct that part of the premium, if any, which is to be paid
by such officer or employee from the salary or wage of such officer or employee as may be
authorized by him and to pay such deductions together with the remainder due of such premium
to the insurer issuing such policy in full payment of the premium. (Acts 1947, No. 376, p.
267, §3.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/11-91-4.htm - 864 bytes - Match Info - Similar pages

2-11-9
Section 2-11-9 Bonds of employees and inspectors. The commissioner may require any employee
or agent and any inspector licensed under this article to execute and file with him a good
and sufficient bond, payable to the state, in such sum, not exceeding $1,000.00, and with
such surety or sureties as he may prescribe, conditioned upon the faithful performance by
such employee, agent or licensed inspector of his duties as such employee, agent or licensed
inspector, such bond to be filed in the office of the commissioner. Any person injured by
the failure of such employee, agent or licensed inspector faithfully to perform such duties
shall be entitled to institute a civil action on such bond in his own name in any court of
competent jurisdiction for the recovery of such damages as he may have sustained by reason
of such failure. (Ag. Code 1927, §343; Acts 1935, No. 147, p. 187; Code 1940, T. 2, §413.)...

alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/2-11-9.htm - 1K - Match Info - Similar pages

27-2-7
Section 27-2-7 Commissioner of Insurance - Powers and duties. The commissioner shall: (1) Organize,
supervise, and administer the Department of Insurance so that the department will perform
its lawful functions efficiently and effectively. (2) Enforce the provisions of this title.
(3) Execute the duties imposed upon him or her by this title. (4) Have the powers and authority
expressly conferred upon him or her by, or reasonably implied from, this title. (5) Sign and
execute in the name of the state, by "the state Department of Insurance," all contracts
or agreements with the federal government or its agencies, other states or political subdivisions
thereof, political subdivisions of this state, or with private persons. (6) Conduct such examinations
and investigations of insurance matters, in addition to examinations and investigations expressly
authorized, as he or she may deem proper to determine whether any person has violated any
provision of this title or to secure information...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-2-7.htm - 2K - Match Info - Similar pages

27-36A-3
Section 27-36A-3 Reserve valuation. (a) Policies and contracts issued prior to the operative
date of the valuation manual. (1) The commissioner shall annually value, or cause to be valued,
the reserve liabilities, hereinafter called reserves, for all outstanding life insurance policies
and annuity and pure endowment contracts of every life insurance company doing business in
this state issued on or after January 1, 1972, and prior to the operative date of the valuation
manual. In calculating reserves, the commissioner may use group methods and approximate averages
for fractions of a year or otherwise. In lieu of the valuation of the reserves required of
any foreign or alien insurer, the commissioner may accept any valuation made, or caused to
be made, by the insurance supervisory official of any state or other jurisdiction when valuation
complies with the minimum standard provided in this chapter. (2) The provisions set forth
in Sections 27-36A-5, 27-36A-6, 27-36A-7, 27-36A-8,...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-36A-3.htm - 2K - Match Info - Similar pages

41-15-5
Section 41-15-5 Basis upon which premiums charged generally; reinsurance. The net premium charged
shall be based on the current commercial rate with not less than a 40 percent discount. The
risk manager with the approval of the Director of Finance may purchase such reinsurance as
may in the opinion of the risk manager, be necessary for the proper distribution of the risk.
The risk manager shall collect such reinsurance upon any loss sustained and pay the same into
the State Insurance Fund. (Acts 1923, No. 593, p. 769; Code 1923, §8543; Acts 1936-37, Ex.
Sess., No. 219, p. 260; Acts 1939, No. 112, p. 144; Code 1940, T. 28, §321; Acts 1949, No.
675, p. 1045, §4; Acts 1967, No. 435, p. 1104; Acts 1990, No. 90-569, p. 966, §5.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/41-15-5.htm - 1K - Match Info - Similar pages

27-2-19
Section 27-2-19 Enforcement of insurance code. The commissioner may institute such actions
or other proceedings as may be required for enforcement of any provisions of this title. If
the commissioner has reason to believe that any person has violated any provision of this
title for which criminal prosecution would be in order, he shall give the information relative
thereto to the Attorney General or the district attorney having jurisdiction of any such violation.
The Attorney General shall promptly institute such action or proceeding against such person
as the information may require or justify. (Acts 1971, No. 407, p. 707, §30.)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-2-19.htm - 943 bytes - Match Info - Similar pages