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8-33-5
Section 8-33-5 Conditions for warrantors. (a) No vehicle protection product shall be sold or
offered for sale in this state unless the warrantor meets one of the conditions in subsection
(b) or (c) in order to ensure adequate performance under the warranty. No other financial
security requirements or financial standards for warrantors shall be required. (b) The vehicle
protection product warrantor is insured under a warranty reimbursement insurance policy issued
by an insurer authorized to do business in this state which provides that: (1) The insurer
will pay to, or on behalf of, the warrantor 100 percent of all sums that the warrantor is
legally obligated to pay according to the warrantor's contractual obligations under the warrantor's
vehicle protection product warranty. (2) A true and correct copy of the warranty reimbursement
insurance policy has been filed with the commissioner by the warrantor. (3) The policy contains
the provision required in Section 8-33-6. (c)(1) The vehicle...
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27-43-3
Section 27-43-3 Definitions. As used in this chapter, the following terms shall have the following
meanings, respectively, unless the context requires otherwise: (1) DEPARTMENT. The Department
of Insurance; (2) COMMISSIONER. The Commissioner of Insurance of this state; (3) INSURER.
Any person authorized to do a casualty insurance business or life, accident and sickness insurance
business as an insurer in this state and organizations authorized to transact legal expense
insurance under Section 27-43-8; (4) LEGAL EXPENSE INSURANCE. Such term means, irrespective
of the definition of insurance in other chapters under this title, the assumption of a contractual
obligation to pay for specific legal services or to reimburse for specific legal expenses,
in consideration of a specified payment in advance for an interval of time, regardless of
whether the payment is made by the beneficiaries individually or by a third person for them,
but does not include the provision of or reimbursement for...
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27-19-57.1
Section 27-19-57.1 Review of advertisements. Every issuer of Medicare supplement insurance
policies or certificates in this state shall provide a copy of any Medicare supplement advertisement
intended for use in this state whether through written, radio, or television medium to the
Commissioner of Insurance of this state for review or approval by the commissioner to the
extent it may be required under state law. (Act 2000-795, p. 1876, §4.)...
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27-29B-5
Section 27-29B-5 Contents of Corporate Governance Annual Disclosure. (a) The insurer or insurance
group shall have discretion over the responses to the CGAD inquiries, provided the CGAD shall
contain the material information necessary to permit the commissioner to gain an understanding
of the insurer's or insurance group's corporate governance structure, policies, and practices.
The commissioner may request additional information that the commissioner deems material and
necessary to provide the commissioner with a clear understanding of the corporate governance
policies or the reporting or information system or controls implementing those policies. (b)
Notwithstanding subsection (a), the CGAD shall be prepared consistent with rules adopted by
the commissioner which shall be substantially similar to the Corporate Governance Annual Disclosure
Model Regulation developed by the NAIC. Documentation and supporting information shall be
maintained and made available upon examination or upon...
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27-22A-1
Section 27-22A-1 Definitions. For purposes of this chapter, the following terms have the following
meanings: (1) COMMISSIONER. The Alabama Commissioner of Insurance. (2) CUSTOMER. A person
who purchases portable electronics or services. (3) DEPARTMENT. The Alabama Department of
Insurance. (4) ENROLLED CUSTOMER. A customer who elects coverage under a portable electronics
insurance policy issued to a vendor of portable electronics. (5) LOCATION. Any physical location
in the State of Alabama or any website, call center site, or similar location directed to
residents of the State of Alabama. (6) PORTABLE ELECTRONICS. Electronic devices that are portable
in nature, their accessories and services related to the use of the device. (7) PORTABLE ELECTRONICS
INSURANCE. a. Insurance providing coverage for the repair or replacement of portable electronics
which may provide coverage for portable electronics against any one or more of the following
causes of loss: Loss, theft, inoperability due to...
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27-54-6
Section 27-54-6 Cost report. Every issuer of a group health benefit plan subject to this chapter
shall provide a cost report for each calendar year to the Commissioner of Insurance no later
than April 30th of the following year. The report shall be in a form prescribed by the commissioner
and shall include certification of parity in mental health benefits and total annual costs
of mental health services relative to total health costs. The commissioner shall compile this
data for all health benefit plans in an annual report solely for the purpose of demonstrating
the health cost impact of the requirements of this chapter. (Act 2000-386, p. 605, §7.)...
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8-37-1
Section 8-37-1 (Effective January 1, 2018) Purpose; applicability. (a) The purpose of this
chapter is to define guaranteed asset protection waivers (GAP waivers) and to provide that
GAP waivers may be offered within this state. (b) This chapter does not apply to either of
the following: (1) An insurance policy offered by an insurer under the insurance laws of this
state. (2) A debt cancellation or debt suspension contract being offered by a federally regulated
financial institution operating under 12 CFR Part 37 or a credit union operating under 12
CFR Part 721 or other federal law; or a debt cancellation or debt suspension contract being
offered by a state chartered bank or credit union. Debt cancellation and debt suspension contracts
being offered by any of these federal or state regulated financial institutions are not insurance
and are exempt from the insurance laws of this state. (c) Guaranteed asset protection waivers
governed under this chapter are not insurance and are exempt...
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21-9-11
Section 21-9-11 Duties of commissioner. (a) The commissioner shall direct all matters involving
the department in conformance with state and federal law and the policies of the board. (b)
The commissioner shall perform the following specific duties: (1) Enforce the rules and regulations
of the board governing the department's services and programs. (2) Appoint to positions of
employment those professional, clerical, and other assistants, including specialists and consultants,
on a full or part-time basis as may be needed. The number of employees, their qualifications,
their compensation, and all other expenditures of the commissioner shall be within the limits
of a budget approved by the board. The commissioner and all employees of the department shall
be entitled to all benefits accruing to merit system employees including the right to accumulate
leave and participate in the Teachers' Retirement System under the same terms and conditions
as employees of the State Department of...
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27-14-11.1
Section 27-14-11.1 Contents of policies - Denial or reduction of benefits due to Medicaid eligibility
void. (a) For purposes of this section, "private insurer" is defined as any of the
following: (1) Any commercial insurance company offering health or casualty insurance to individuals
or groups, including both experience-rated contracts and indemnity contracts. (2) Any profit
or nonprofit prepaid plan offering either medical services or full or partial payment for
the diagnosis or treatment of an injury, disease, or disability. (3) Any organization administering
health or casualty insurance plans for professional associations, unions, fraternal groups,
employer-employee benefit plans, and any similar organization offering these payments or services,
including self-insured and self-funded plans. (4) Any health insurer, including group health
plans, as defined in Section 607(1) of the Employee Retirement Income Security Act of 1974,
self-insured plans, service benefit plans, managed care...
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27-15-25
Section 27-15-25 Contestability of reinstated policies. A reinstated policy of life insurance
or annuity contract may be contested on account of fraud or misrepresentation of facts material
to the reinstatement only for the same period following reinstatement and with the same conditions
and exceptions as the policy provides with respect to contestability after original issuance.
(Acts 1967, No. 181, p. 543; Acts 1971, No. 407, p. 707, §370.)...
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