HB 33
Insurance Dept., expenses related to examination by Commissioner of Insurance, Vehicle Protection Products Act, fees deposited in Insurance Dept. Fund, expense related to exam by commissioner, Sec. 8-33-14 added.
- Introduced Feb 02 2021
Email kerryrich@mclo.org
Website http://www.legislature.state.al.us/aliswww/ISD/ALRepresentative.aspx?OID_SPONSOR=100506&OID_PERSON=6680Serving District 26
Insurance Dept., expenses related to examination by Commissioner of Insurance, Vehicle Protection Products Act, fees deposited in Insurance Dept. Fund, expense related to exam by commissioner, Sec. 8-33-14 added.
Captive Insurance Companies, insurance in alien jurisdictions auth., requirements for an Alabama Coastal Captive Insurance Company revised, certificate of dormancy provided for, Secs. 27-31B-26, 27-31C-3.1 added; Sec. 27-31C-4 repealed; Secs. 27-31B-2, 27-31B-3, 37-31B-6, 27-31C-3 am'd.
Insurance, reinsurance, regulation and credit against reserves, adoption of similar to Credit for Reinsurance Model Law by Nat. Assoc. of Insurance Commissioners, Secs. 27-5B-8.1, 27-5B-20 added; Secs. 27-5B-3, 27-5B-9, 27-5B-11, 27-5B-14, 27-5B-19 am'd.
Insurance, to provide for opinion of appointed actuary, to permit an insurer to apply for an exception for annual actuarial opinion requirement, Sec. 27-3-26.1 am'd.
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