39-1-1
Section 39-1-1 Bonds required of persons contracting for public works; commencement, etc.,
of actions upon bond by persons supplying labor, etc., to contractor; offer to accept judgment;
notice of completion of project by contractor and final settlement; applicability. (a) Any
person entering into a contract with an awarding authority in this state for the prosecution
of any public works shall, before commencing the work, execute a performance bond, with penalty
equal to 100 percent of the amount of the contract price. In addition, another bond, payable
to the awarding authority letting the contract, shall be executed in an amount not less than
50 percent of the contract price, with the obligation that the contractor or contractors shall
promptly make payments to all persons supplying labor, materials, or supplies for or in the
prosecution of the work provided in the contract and for the payment of reasonable attorneys'
fees incurred by successful claimants or plaintiffs in civil...
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2-31-6
Section 2-31-6 Fire and extended coverage insurance required; certificate filed with commissioner;
cancellation. Before a license shall be issued to the applicant, he shall file with the commissioner
a certificate which shall indicate that he has a fire and extended coverage insurance policy
in effect and in amount that shall cover the grain of all depositors while in his custody
for the full insurance values against loss or damage by fire, lightning, tornado, cyclones,
explosions, windstorms, and such other perils as may be required by statute or the commissioner.
The name and address of the operator and location of each person in the insurance policy shall
correspond with the same in the application. Every fire and extended coverage insurance policy
so filed shall contain a provision that it may not be cancelled by the principal or insurance
company, except on 90 days prior notice in writing, by certified mail, to the commissioner
mailed on the same day to the principal. The...
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27-14-19.1
Section 27-14-19.1 Electronic delivery of property or casualty insurance policy. (a) As used
in this section, each of the following words shall have the following meanings: (1) DELIVERED
BY ELECTRONIC MEANS or ELECTRONIC DELIVERY. Any of the following: a. Delivery to an electronic
mail address at which a party has consented to receive notices or documents. b. Posting on
an electronic network or site accessible via the Internet, mobile application, computer, mobile
device, tablet, or any other electronic device, together with separate notice of the posting
which shall be provided 1. by electronic mail to the address at which the party has consented
to receive notice or 2. by any other delivery method that has been consented to by the party.
(2) PARTY. A recipient of any notice or document required as part of an insurance transaction,
including, but not limited to, an applicant, an insured, a policyholder, or an annuity contract
holder. (b) Subject to the requirements of this section,...
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27-42-5
Section 27-42-5 Definitions. As used in this chapter, the following terms shall have the following
meanings, respectively, unless the context clearly indicates otherwise: (1) ACCOUNT. Any one
of the three accounts created by Section 27-42-6. (2) AFFILIATE. A person who directly, or
indirectly, through one or more intermediaries, controls, is controlled by, or is under common
control with another person on December 31 of the year immediately preceding the date the
insurer becomes an insolvent insurer. (3) ASSOCIATION. The Alabama Insurance Guaranty Association
created under Section 27-42-6. (4) CLAIMANT. Any insured making a first party claim or any
person instituting a liability claim. The term does not include a person who is an affiliate
of an insolvent insurer. (5) COMMISSIONER. The Commissioner of Insurance of the State of Alabama.
(6) CONTROL. The possession, direct or indirect, of the power to direct or cause the direction
of the management and policies of a person, whether...
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8-32-8
Section 8-32-8 Cancellation of reimbursement insurance policy. To the extent applicable, an
insurer that issued a reimbursement insurance policy shall not terminate the policy until
a notice of termination in accordance with Chapter 40 of Title 27 has been mailed or delivered
to the commissioner. The termination of a reimbursement insurance policy shall not reduce
the issuer's responsibility for service contracts sold by providers which it insured prior
to the date of the termination. (Acts 1997, No. 97-445, p. 753, §8.)...
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27-1-24.1
Section 27-1-24.1 Incentives for homeowners insurance policies with wind coverage in certain
areas. (a) Insurance carriers providing full property and casualty coverage, to specifically
include wind and hail coverage, to property owners within the areas defined in Section 27-1-24,
including any portion of the area as it may be expanded from time to time pursuant to Section
27-1-27, but only on properties that as of the time of writing are insured for wind coverage
through the Alabama Insurance Underwriting Association, may claim as a nonrefundable credit
against the insurance premium tax imposed by Chapter 4A of this title, in an amount equal
to 20 percent of the insurance premium tax otherwise due on the premium written for the property
owners for the taxable year in Zones B4, B5, M4, M5, or successor zones; and 35 percent of
the insurance premium tax otherwise due on the premium written for the property owners for
the taxable year in Zones Gulf Front, B1, B2, B3, M1, M2, M3, or...
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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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27-7-4.2
Section 27-7-4.2 Licenses - Applicability to insurance producer. (a) Nothing in this chapter
shall be construed to require an insurer to obtain an insurance producer license. In this
section, the term "insurer" does not include an insurer's officers, directors, employees,
subsidiaries, or affiliates. (b) A license as an insurance producer shall not be required
of any of the following: (1) An officer, director, or employee of an insurer or of an insurance
producer, provided that the officer, director, or employee does not receive any commission
on policies written or sold to insure risks residing, located, or to be performed in this
state and any of the following: a. The officer, director, or employee's activities are executive,
administrative, managerial, clerical, or a combination of these, and are only indirectly related
to the sale, solicitation, or negotiation of insurance. b. The officer, director, or employee's
function relates to underwriting, loss control, inspection, or the...
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39-2-9
Section 39-2-9 Approval of bonds, etc., and completion of execution of contracts by awarding
authorities. The awarding authority shall approve the contractor's bonds meeting the requirements
of Section 39-2-8 and the contractor's evidence of insurance meeting the requirements of the
bid documents, as well as complete the execution of the contract, within 20 days after their
presentation by the contractor unless the successful contractor agrees in writing to a longer
period. (Acts 1947, No. 492, p. 338, §8; Acts 1997, No. 97-225, p. 348, §1.)...
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8-19C-2
Section 8-19C-2 Database of subscribers objecting to telephone solicitations. (a) No person
or entity may make or cause to be made any telephone solicitation to the telephone line of
any residential subscriber in this state who has given notice to the commission of his or
her objection to receiving telephone solicitations. (b)(1) The commission shall establish
and operate a database to compile a list of telephone numbers of residential subscribers who
object to receiving telephone solicitations. The commission shall have the database in operation
before July 1, 2000. (2) The database may be operated by the commission or by another entity
under contract with the commission. (3) Before July 1, 2000, the commission shall promulgate
regulations which shall include all of the following: a. A requirement that each local exchange
company and each competing local exchange carrier shall inform on an annual basis its residential
subscribers of the opportunity to provide notification to the...
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