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43-8-253
Section 43-8-253 Effect of homicide on intestate succession, wills, joint assets, life insurance
and beneficiary designations; effect of bona fide purchase by third party or good faith payment
by obligor, etc. (a) A surviving spouse, heir or devisee who feloniously and intentionally
kills the decedent is not entitled to any benefits under the will or under articles 3 through
10 of this chapter, and the estate of decedent passes as if the killer had predeceased the
decedent. Property appointed by the will of the decedent to or for the benefit of the killer
passes as if the killer had predeceased the decedent. (b) Any joint tenant who feloniously
and intentionally kills another joint tenant thereby effects a severance of the interest of
the decedent so that the share of the decedent passes as his property and the killer has no
rights by survivorship. This provision applies to joint tenancies with the right of survivorship
and tenancies in common during the respective lives of the...
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27-22A-6
Section 27-22A-6 Termination of portable electronics insurance. Notwithstanding any other provision
of law: (1) An insurer may terminate or otherwise change the terms and conditions of a policy
of portable electronics insurance only upon providing the policyholder and enrolled customers
with at least 30 days' notice. (2) If the insurer changes the terms and conditions, then the
insurer shall provide the vendor policyholder with a revised policy or endorsement and each
enrolled customer with a revised certificate, endorsement, updated brochure, or other evidence
indicating a change in the terms and conditions has occurred and a summary of material changes.
(3) Notwithstanding subdivision (1) of this section, an insurer may terminate an enrolled
customer's enrollment under a portable electronics insurance policy upon 15 days' notice for
discovery of fraud or material misrepresentation in obtaining coverage or in the presentation
of a claim thereunder. (4) Notwithstanding subdivision (1)...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-22A-6.htm - 3K - Match Info - Similar pages
27-55-3
Section 27-55-3 Prohibited practices; disclosure of information. (a) No insurer may: (1) Deny,
refuse to issue, renew, or reissue, cancel, or otherwise terminate, restrict, or exclude coverage
on an insurance policy or health benefit plan on the basis of an applicant's or insured's
abuse status, or on the basis of any association, relationship, or assistance to a subject
of abuse. (2) Exclude or limit coverage for a loss, deny benefits, or deny a claim on the
basis of the insured's abuse status, or on the basis of any association, relationship, or
assistance to a subject of abuse, except as otherwise permitted or required by the laws of
this state relating to acts of abuse committed by a life insurance beneficiary. Notwithstanding
anything to the contrary in this section, a liability insurer may include policy provisions
providing that a payment required by this subsection may be denied or, if paid, recovered
by the insurer from the insured, if the claim arose out of an act of abuse by...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-55-3.htm - 8K - Match Info - Similar pages
32-7-6
Section 32-7-6 Security required; suspensions; applicability. (a) If 20 days after the receipt
of a report of a motor vehicle accident within this state which has resulted in bodily injury
or death, or damage to the property of any one person in excess of five hundred dollars ($500),
the director does not have on file evidence satisfactory that the person who would otherwise
be required to file security under subsection (b) of this section has been released from liability,
or has been finally adjudicated not to be liable, or has executed a duly acknowledged written
agreement or conditional release providing for the payment of an agreed amount in installments
with respect to all claims for injuries or damages resulting from the accident, which agreement
or conditional release may include reasonable interest as set out in Section 32-7-7, the director
shall determine the amount of security which shall be sufficient in his or her judgment to
satisfy any judgment or judgments for damages...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/32-7-6.htm - 5K - Match Info - Similar pages
27-44-5
Section 27-44-5 Definitions. As used in this chapter, the following terms shall have the following
meanings, respectively, unless the context clearly indicates otherwise: (1) ACCOUNT. Either
of the three accounts created under Section 27-44-6. (2) ASSOCIATION. The Alabama Life and
Disability Insurance Guaranty Association created under Section 27-44-6. (3) AUTHORIZED ASSESSMENT
or the term AUTHORIZED when used in the context of assessments. A resolution by the board
of directors has been passed whereby an assessment will be called immediately or in the future
from member insurers for a specified amount. An assessment is authorized when the resolution
is passed. (4) BENEFIT PLAN. A specific employee, union, or association of natural persons
benefit plan. (5) CALLED ASSESSMENT or the term CALLED when used in the context of assessments.
A notice that has been issued by the association to member insurers requiring that an authorized
assessment be paid within the time frame set forth within...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-44-5.htm - 7K - Match Info - Similar pages
32-7A-7
Section 32-7A-7 Random verification of insurance. (a) The department may review registrations
of motor vehicles subject to Section 32-7A-4, or owners thereof, for the purpose of verifying
whether or not the motor vehicles are insured through an online insurance verification system.
If the department cannot verify the insurance status of a vehicle using the online insurance
verification system or other such method for deposits of cash or motor vehicle insurance liability
bonds, the department may send owners requests for information about their motor vehicles
and liability insurance in accordance with subsections (d) and (e). (b) In addition to such
review of motor vehicle registrations in subsection (a), the department may select and review
for verification other sources of information including, but not limited to, registrations
of motor vehicles owned by persons: (1) Whose motor vehicle registrations have been suspended
pursuant to Section 32-7A-12 or any other provision of this...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/32-7A-7.htm - 4K - Match Info - Similar pages
40-14B-4
Section 40-14B-4 Prohibited activities. (a) An insurance company or other persons who may have
state premium tax liability or the affiliates of the insurance companies or other persons
may not, directly or indirectly, do any of the following: (1) Manage a certified capital company.
(2) Beneficially own, whether through rights, options, convertible interests, or otherwise,
more than 15 percent of the outstanding voting securities of a certified capital company.
(3) Control the direction of investments for a certified capital company. (b) Not more than
one certified investor in any certified capital company or affiliates thereof, may provide
a guaranty, indemnity, bond, insurance policy, or other payment undertaking in favor of all
of the certified investors of the certified capital company and its affiliates. (c) Subsection
(a) applies without regard to whether the insurance company or other person or the affiliate
of the insurance company or other person is licensed by or transacts...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/40-14B-4.htm - 2K - Match Info - Similar pages
27-14-29
Section 27-14-29 Rights of beneficiaries, etc., under life insurance policies against creditors,
etc. (a) If a policy of insurance, whether heretofore or hereafter issued, is effected by
any person on his own life or on another life in favor of a person other than himself or,
except in cases of transfer with intent to defraud creditors, if a policy of life insurance
is assigned or in any way made payable to any such person, the lawful beneficiary, or assignee
thereof, other than the insured or the person so effecting such insurance or his executors
or administrators, shall be entitled to its proceeds and avails against the creditors, personal
representatives, trustees in bankruptcy, and receivers in state and federal courts of the
person insured and of the person effecting the insurance, whether or not the right to change
the beneficiary is reserved or permitted and whether or not the policy is made payable to
the person whose life is insured, if the beneficiary or assignee shall...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-14-29.htm - 3K - Match Info - Similar pages
27-5-6
Section 27-5-6 "Casualty insurance" defined. (a) "Casualty insurance" includes:
(1) VEHICLE INSURANCE. Insurance against loss of, or damage to, any land vehicle or aircraft,
or any draft or riding animal or to property while contained therein or thereon or being loaded
or unloaded therein or therefrom from any hazard or cause and against any loss, liability,
or expense resulting from, or incidental to, ownership, maintenance or use of any such vehicle,
aircraft or animal, together with insurance against accidental death or accidental injury
to individuals, including the named insured, while in, entering, alighting from, adjusting,
repairing, cranking or caused by being struck by a vehicle, aircraft or draft or riding animal,
if such insurance is issued as an incidental part of insurance on the vehicle, aircraft or
draft or riding animal; (2) LIABILITY INSURANCE. Insurance against legal liability for the
death, injury or disability of any human being or for damage to property, and...
alisondb.legislature.state.al.us/alison/CodeOfAlabama/1975/27-5-6.htm - 5K - Match Info - Similar pages
32-7-31
Section 32-7-31 Duration of proof; when proof may be cancelled or returned. (a) The director
shall upon request consent to the immediate cancellation of any bond or certificate of insurance,
or the director shall direct and the State Treasurer shall return to the person entitled thereto
any money or securities deposited pursuant to this chapter as proof of financial responsibility,
or the director shall waive the requirement of filing proof, in any of the following events:
(1) At any time after three years from the date such proof was required when, during the three-year
period preceding the request, the director has not received record of a conviction or a forfeiture
of bail which would require or permit the suspension or revocation of the license, registration,
or nonresident's operating privilege of the person by or for whom such proof was furnished;
or (2) In the event of the death of the person on whose behalf such proof was filed or the
permanent incapacity of such person to...
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