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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
27-3-17
Section 27-3-17 Application for certificate of authority - Filing. To apply for an original
certificate of authority an insurer shall file with the commissioner its application therefor,
accompanied by the applicable fees as specified in Section 27-4-2, showing its name, location
of its home office or, if an alien insurer, principal office in the United States, kinds of
insurance to be transacted, state or country of domicile and such additional information as
the commissioner may reasonably require, together with the following documents, as applicable:
(1) A copy of its corporate charter, articles of incorporation or other charter documents
with all amendments thereto, certified by the public officer with whom the originals are on
file in the state or country of domicile; (2) If a mutual insurer, a copy of its bylaws, as
amended, certified by its secretary or other officer having custody thereof; (3) If a foreign
reciprocal insurer, copies of the power of attorney of its...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-3-17.htm - 3K - Match Info - Similar pages
27-14-8
Section 27-14-8 Forms - Filing and approval or disapproval. (a) No basic insurance policy or
annuity contract form or application form where written application is required and is to
be made a part of the policy, or contract, or printed rider, or endorsement form or form of
renewal certificate shall be delivered or issued for delivery in this state unless the form
has been filed with, and approved by, the commissioner. This subsection shall not apply to
surety bonds or to specially rated inland marine risks, nor to policies, riders, endorsements,
or forms of unique character designed for, and used with, relation to insurance upon a particular
subject or which relate to the manner of distribution of benefits or to the reservation of
rights and benefits under life or disability insurance policies and are used at the request
or with the consent of the individual policyholder, contract holder, or certificate holder.
As to group insurance policies effectuated and delivered outside this...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-14-8.htm - 3K - Match Info - Similar pages
27-5B-8
Section 27-5B-8 Certified reinsurer. (a) Credit shall be allowed when the reinsurance is ceded
to an assuming insurer that is certified by the commissioner as a reinsurer in this state
and secures its obligations in accordance with the requirements of this section. In order
to be eligible for certification, the assuming insurer shall meet all of the following requirements:
(1) The assuming insurer must be domiciled and licensed to transact insurance or reinsurance
in a qualified jurisdiction, as determined by the commissioner pursuant to subsection (c).
(2) The assuming insurer must maintain minimum capital and surplus, or its equivalent, in
an amount to be determined by the commissioner pursuant to regulation. (3) The assuming insurer
must maintain financial strength ratings from two or more rating agencies deemed acceptable
by the commissioner pursuant to regulation. (4) The assuming insurer must agree to submit
to the jurisdiction of this state, appoint the commissioner as its agent...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-5B-8.htm - 9K - Match Info - Similar pages
27-31A-3
Section 27-31A-3 Risk retention groups chartered in this state. (a)(1) A risk retention group
shall, pursuant to this title, be chartered and licensed to write only liability insurance
pursuant to this chapter and, except as provided elsewhere in this chapter, shall comply with
all of the laws, rules, regulations, and requirements applicable to the insurers chartered
and licensed in this state and with Section 27-31A-4, to the extent the requirements are not
a limitation on laws, rules, regulations, or requirements of this state. (2) Notwithstanding
any other provision to the contrary, all risk retention groups chartered in this state shall
file with the department and the National Association of Insurance Commissioners (NAIC) an
annual statement in a form prescribed by the NAIC and, if required by the commissioner, in
electronic format. The statement shall be completed in accordance with its instructions and
the NAIC Accounting Practices and Procedures Manual. (b) Before it may offer...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-31A-3.htm - 2K - Match Info - Similar pages
27-3-19
Section 27-3-19 Continuance, expiration, reinstatement and amendment of certificates. (a) Certificates
of authority issued or renewed under this title shall continue in force as long as the insurer
is entitled thereto under this title and until suspended, revoked or terminated at the request
of the insurer; subject, however, to continuance of the certificate by the insurer each year
by: (1) Payment prior to March 1 of the continuation fee provided in Section 27-4-2; and (2)
Due filing by the insurer of its annual statement for the calendar year preceding as required
under Section 27-3-26. (b) If not so continued by the insurer, its certificate of authority
shall expire at midnight on the May 31, next following, such failure of the insurer so to
continue it in force. The commissioner shall promptly notify the insurer of the occurrence
of any such failure resulting in impending expiration of its certificate of authority. (c)
The commissioner may, in his discretion, reinstate a...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-3-19.htm - 1K - Match Info - Similar pages
27-27-5
Section 27-27-5 Solicitation permit - Application. To apply for a solicitation permit, the
person shall: (1) File with the commissioner a request therefor showing: a. Name, type and
purpose of insurer, corporation, syndicate, association, firm, partnership, or organization
formed or proposed to be formed; b. Names, addresses, business background, and qualifications
of each person associated, or to be associated, in the enterprise or in the formation of the
proposed insurer, corporation, syndicate, association, firm, partnership, or organization;
c. Full disclosure of the terms of all pertinent understandings and agreements existing or
proposed among persons so associated; and copies of all such agreements, relative to the proposed
financing of the insurer, corporation, syndicate, association, firm, partnership, or organization,
or the formation thereof; d. The plan according to which solicitations are to be made; and
e. Such additional information as the commissioner may reasonably...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-27-5.htm - 3K - Match Info - Similar pages
27-30-8
Section 27-30-8 Certificate of authority - Application. (a) To apply for a certificate of authority,
a mutual aid association shall file with the commissioner its application therefor, on forms
as prescribed and furnished by him, and showing: (1) Name of the association and the address
of its principal office or place of business in this state; (2) Name, identification, and
residence address of each director, trustee, or officer of the association; (3) The types
of aid or benefits to be provided its members or policyholders; (4) The general plan or plans
according to which its business is, or will be, conducted; and (5) Such other information
as the commissioner may reasonably require. (b) The applicant shall at the time of application
for certificate of authority file with the commissioner such of the following as are not already
on file with him: (1) A copy of its articles of incorporation, its bylaws, and other charter
or constituent documents, certified by the public official...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-30-8.htm - 2K - Match Info - Similar pages
32-9-29
by the director may withhold such permit or, if such permit is issued, may establish seasonal
or other time limitations within which the vehicles described may be operated on the public
road indicated, or may otherwise limit or prescribe conditions of operation of such vehicle,
when necessary to assure against undue damage to the road foundation, surfaces, or bridge
structures, and require such undertaking or other security as may be deemed necessary to compensate
the state for any injury to any roadway or bridge structure. (6) For just cause, including,
but not limited to, repeated and consistent past violations, the director or an official of
the department designated by the director may refuse to issue, or may cancel, suspend, or
revoke, the permit of an applicant or permittee. (b) Duration and limits of permits; bond
or insurance requirements. (1)a. ANNUAL. The director or the official of the department designated
by the director, pursuant to this section, may issue an...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/32-9-29.htm - 10K - Match Info - Similar pages
9-12-113
were found or when the operator of the device has not been determined after a period of 30
days, the device or items shall be forfeited to the Department of Conservation and Natural
Resources which shall destroy or otherwise dispose of the device or items as it shall deem
advisable or in lieu of forfeiture, the court may impose additional fines. (i) All game fish
taken by nets or seines under this law shall be immediately returned to the waters where they
were taken with the least possible injury to the fish. Possession of game fish in violation
of this subsection will be considered as using a net or seine in an illegal manner. Saltwater
game fish are defined as follows: Spotted Seatrout (Cynoscion nebulosus); Red Drum (Sciaenops
ocellata); Tarpon (Megalops atlanticus); and those species designated by regulation of the
Department of Conservation and Natural Resources. The department shall by regulation to the
extent possible establish a tagging system to regulate importation or sale...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/9-12-113.htm - 12K - Match Info - Similar pages
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