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27-5B-12
Section 27-5B-12 Accredited or certified reinsurer ceasing to meet requirements. (a) If an
accredited or certified reinsurer ceases to meet the requirements for accreditation or certification,
the commissioner may suspend or revoke the reinsurer's accreditation or certification. (b)
The commissioner must give the reinsurer notice and opportunity for hearing. The suspension
or revocation may not take effect until after the commissioner's order on hearing, unless
any of the following occurs: (1) The reinsurer waives its right to hearing. (2) The commissioner's
order is based on regulatory action by the reinsurer's domiciliary jurisdiction or the voluntary
surrender or termination of the reinsurer's eligibility to transact insurance or reinsurance
business in its domiciliary jurisdiction or in the primary certifying state of the reinsurer
under subsection (f) of Section 27-5B-8. (3) The commissioner finds that an emergency requires
immediate action and a court of competent jurisdiction...
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27-6-16
Section 27-6-16 Release of deposit - Filing of statement; authorization of release. (a) Before
authorizing the release of any deposit or excess portion thereof to the insurer, as provided
in Section 27-6-15, the commissioner shall require the insurer to file with him a statement
under its seal and the oath of its chief executive officer, or of its United States manager
in the case of an alien insurer, setting forth the facts upon which it bases its entitlement
to such release. (b) If release of the deposit is claimed by the insurer upon the ground that
its liabilities in this state, as to which the deposit was originally made and is held, have
been assumed by another insurer authorized to transact insurance in this state, the insurer
shall file with the commissioner a copy of the contract or agreement of such reinsurance.
(c) Upon being satisfied by such statement and such other information and evidence as he may
reasonably require and by such examination, if any, of the affairs of the...
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34-23-184
Section 34-23-184 Audit procedures; report. (a) The entity conducting an audit shall follow
these procedures: (1) The pharmacy contract shall identify and describe in detail the audit
procedures. (2) The entity conducting the on-site audit shall give the pharmacy written notice
at least two weeks before conducting the initial on-site audit for each audit cycle. If the
pharmacy benefit manager does not include their auditing guidelines within their provider
manual, then the notice must include a documented checklist of all items being audited and
the manual, including the name, date, and edition or volume, applicable to the audit and auditing
guidelines. For on-site audits a pharmacy benefit manager shall also provide a list of material
that is copied or removed during the course of an audit to the pharmacy. The pharmacy benefit
manager may document this material on either a checklist or on an audit acknowledgement form.
The pharmacy shall produce any items during the course of the...
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45-42-162.13
Section 45-42-162.13 Appointment of metropolitan manager. (a) The mayor shall appoint, subject
to commission approval, a metropolitan manager, who shall be an officer of the metropolitan-government,
and shall have the powers to perform the duties required. No sitting member of the metropolitan-government
shall be appointed manager. Any civil service act (applicable to the municipality) shall not
apply to the appointment or the removal of the manager. (b) A temporary or acting manager
may be designated, subject to commission approval, to serve for not more than four months
in these events, but only under the following circumstance: (1) When the first mayor takes
office after adoption of this part; or (2) following the removal of any permanent metropolitan
manager. (c) Such temporary acting manager shall perform the duties and assume the obligations
of the office of manager and may be removed by the commission at any time. If the commission
shall permit the temporary or acting manager to...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/45-42-162.13.htm - 1K - Match Info - Similar pages
27-5B-5
Section 27-5B-5 Accredited reinsurer. Credit shall be allowed when the reinsurance is ceded
to an assuming insurer that is accredited by the commissioner as a reinsurer in this state.
In order to be eligible for accreditation, a reinsurer must do all of the following: (1) File
with the commissioner evidence of its submission to this state's jurisdiction. (2) Submit
to this state's authority to examine its books and records. (3) Be licensed to transact insurance
or reinsurance in at least one state, or in the case of a U.S. branch of an alien assuming
insurer, be entered through and licensed to transact insurance or reinsurance in at least
one state. (4) File annually with the commissioner a copy of its annual statement filed with
the insurance department of its state of domicile and a copy of its most recent audited financial
statement. (5) Demonstrate to the satisfaction of the commissioner that it has adequate financial
capacity to meet its reinsurance obligations and is otherwise...
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38-3-5
Section 38-3-5 Commissioner, confidential secretary, and other personnel; contract for meals
programs. (a) The Governor shall appoint a commissioner for the Department of Senior Services
and a confidential secretary and shall prescribe their duties, powers, and authority to carry
out the provisions of this article. The commissioner shall serve at the pleasure of the Governor
and also shall serve as executive officer and secretary of the board. The commissioner, subject
to the Merit System law, shall appoint additional personnel as may be necessary in carrying
out the provisions of this article. (b) Notwithstanding the provisions of subsection (d) of
Section 41-16-27, the commissioner may contract with providers for the various meals programs
administered by the department for periods of up to five years with five additional one-year
extension options at the discretion of the commissioner. With respect to any meals programs
contract between the department and any food service provider...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/38-3-5.htm - 2K - Match Info - Similar pages
27-30-12
Section 27-30-12 Certificate of authority - Suspension or revocation - Procedure. (a) If suspension
or revocation of certificate of authority relates to grounds other than the financial condition
of the association, the commissioner shall give the association written notice of his intention
to so suspend or revoke not less than 10 days in advance of the effective date of the proposed
order of suspension or revocation. The notice shall state the grounds of the commissioner's
proposed action, together with such details as reasonably to inform the association thereof.
Notice mailed to the association at its principal place of business last of record with the
commissioner shall be deemed to have been given when so mailed. If within such 10-day period
the association files with the commissioner its written request for a hearing with respect
to the proposed suspension or revocation, setting forth the reasons why, in its opinion, the
commissioner's proposed action is unlawful or should not be...
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27-32-39
Section 27-32-39 Priority of claims of policyholders and beneficiaries - Reinsuring of policies.
(a) When, upon hearing, the circuit court having jurisdiction of a receivership shall determine
it to be in the best interest of the policyholders and the public, the court may order and
direct the receiver to reinsure the policies of the insurer with a solvent insurer to the
extent of the assets available in the receivership. The circuit court is hereby empowered
to place a lien or moratorium against policy benefits and values as necessary to reinsure
all policyholders as fully as possible to the extent of assets available and to order the
receiver to transfer such assets as determined adequate, necessary, or available to reinsure
policies of the insolvent insurer with a solvent insurer, to the exclusion of general creditors
should no assets remain thereafter. (b) Except as provided in subsection (c), reinsurance
shall be payable under a contract reinsured by the assuming insurer on the...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-32-39.htm - 2K - Match Info - Similar pages
10A-20-6.07
Section 10A-20-6.07 Certificates of authority; contracts with public. Every corporation organized
under this article shall procure from the Commissioner of Insurance a certificate of authority
to do business, for which the corporation shall pay the sum of two hundred dollars ($200),
and the certificates of authority shall be renewed thereafter on or before the first day of
March of each year. The corporation may then enter into contracts with the public, subject
to the restrictions contained in this article, for benefits under its health service plan.
It shall be the duty of the corporation to enter into contracts with and issue certificates
to those of the public who may desire to avail themselves of the benefits of the health service
plan and who, under its rules and regulations, make application and are eligible therefor.
The contracts may provide for more than one class of services or benefits, may designate the
person or persons, or the class of persons, entitled thereto, may...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/10A-20-6.07.htm - 1K - Match Info - Similar pages
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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