Alabama Administrative Code

This chapter is promulgated by the Commissioner of Insurance pursuant to Section 27-2-17, Code of Ala. 1975. Author: Commissioner of Insurance Notes Ala. Admin. Code r. 482-1-103-.02 New: July 5, 1994; effective July 15, 1994. Filed for codification in the Alabama Administrative …

(1) Upon determining that an examination report should be conducted, the commissioner will issue an examination warrant appointing one or more examiners to perform the examination and instructing them as to the scope of the examination. (2) In conducting the examination, the exam…

(1) No later than sixty (60) days following completion of the examination, the examiner in charge shall file with the Chief Examiner a verified report of examination under oath. Upon receipt of the verified report, the Chief Examiner shall transmit a copy of the report to the per…

(1) Any order calling for an investigatory hearing in accordance with Rule 482-1-103-.04 shall provide the examinee with no less than twenty (20) days' notice of the date of the hearing, and shall include providing the examinee with a copy of the rules of procedure to be followed…

This chapter shall become effective ten (10) days from the date of certification that the properly executed chapter was delivered to the Secretary of State. Author: Commissioner of Insurance Notes Ala. Admin. Code r. 482-1-103-.06 New: July 5, 1994; effective July 15, 1994. Filed…

Notes Ala. Admin. Code r. 482-1-104-.01 New: July 5, 1994; effective July 15, 1994. Filed for codification in the Alabama Administrative Code by the Department of Insurance on November 14, 2005, pursuant to the Code of Ala. 1975, § 27-7-43. Amended: Filed November 29, 2006; effec…

Notes Ala. Admin. Code r. 482-1-104-.02 New: July 5, 1994; effective July 15, 1994. Filed for codification in the Alabama Administrative Code by the Department of Insurance on November 14, 2005, pursuant to the Code of Ala. 1975, § 27-7-43. Repealed by Alabama Administrative Mont…

Notes Ala. Admin. Code r. 482-1-104-.03 New: July 5, 1994; effective July 15, 1994. Filed for codification in the Alabama Administrative Code by the Department of Insurance on November 14, 2005, pursuant to the Code of Ala. 1975, § 27-7-43. Revised: Filed December 19, 2007; effec…

Notes Ala. Admin. Code r. 482-1-104-.04 New: July 5, 1994; effective July 15, 1994. Filed for codification in the Alabama Administrative Code by the Department of Insurance on November 14, 2005, pursuant to the Code of Ala. 1975, § 27-7-43. Amended: Filed November 29, 2006; effec…

Notes Ala. Admin. Code r. 482-1-104-.05 New: July 5, 1994; effective July 15, 1994. Filed for codification in the Alabama Administrative Code by the Department of Insurance on November 14, 2005, pursuant to the Code of Ala. 1975, § 27-7-43. Repealed by Alabama Administrative Mont…

Notes Ala. Admin. Code r. 482-1-105-.01 New Rule: July 5, 1994; effective July 15, 1994. Amended: October 30, 2003; effective November 9, 2003. Filed with LRS October 30, 2003. Rule is not subject to the Alabama Administrative Procedure Act. Repealed: October 9, 2013; effective O…

Notes Ala. Admin. Code r. 482-1-105-.02 New Rule: July 5, 1994; effective July 15, 1994. Amended: October 30, 2003; effective November 9, 2003. Filed with LRS October 30, 2003. Rule is not subject to the Alabama Administrative Procedure Act. Repealed: October 9, 2013; effective O…

Notes Ala. Admin. Code r. 482-1-105-.03 New Rule: July 5, 1994; effective July 15, 1994. Amended: October 30, 2003; effective November 9, 2003. Filed with LRS October 30, 2003. Rule is not subject to the Alabama Administrative Procedure Act. Repealed: October 9, 2013; effective O…

Notes Ala. Admin. Code r. 482-1-105-.04 New Rule: July 5, 1994; effective July 15, 1994. Amended: October 30, 2003; effective November 9, 2003. Filed with LRS October 30, 2003. Rule is not subject to the Alabama Administrative Procedure Act. Repealed: October 9, 2013; effective O…

Notes Ala. Admin. Code r. 482-1-105-.06 New Rule: July 5, 1994; effective July 15, 1994. Amended: October 30, 2003; effective November 9, 2003. Filed with LRS October 30, 2003. Rule is not subject to the Alabama Administrative Procedure Act. Repealed: October 9, 2013; effective O…

Notes Ala. Admin. Code r. 482-1-105-.07 New Rule: July 5, 1994; effective July 15, 1994. Amended: April 19, 1995; effective May 1, 1995. Amended: October 30, 2003; effective November 9, 2003. Filed with LRS October 30, 2003. Rule is not subject to the Alabama Administrative Proce…

Notes Ala. Admin. Code r. 482-1-105-.08 New Rule: July 5, 1994; effective July 15, 1994. Amended: October 30, 2003; effective November 9, 2003. Filed with LRS October 30, 2003. Rule is not subject to the Alabama Administrative Procedure Act. Repealed: October 9, 2013; effective O…

Notes Ala. Admin. Code r. 482-1-105-.09 New Rule: July 5, 1994; effective July 15, 1994. Amended: October 30, 2003; effective November 9, 2003. Filed with LRS October 30, 2003. Rule is not subject to the Alabama Administrative Procedure Act. Repealed: October 9, 2013; effective O…

Notes Ala. Admin. Code r. 482-1-105-.10 New Rule: July 5, 1994; effective July 15, 1994. Amended: April 19, 1995; effective May 1, 1995. Amended: October 30, 2003; effective November 9, 2003. Filed with LRS October 30, 2003. Rule is not subject to the Alabama Administrative Proce…

Notes Ala. Admin. Code r. 482-1-105-.11 New Rule: July 5, 1994; effective July 15, 1994. Amended: October 30, 2003; effective November 9, 2003. Filed with LRS October 30, 2003. Rule is not subject to the Alabama Administrative Procedure Act. Repealed: October 9, 2013; effective O…

Notes Ala. Admin. Code r. 482-1-105-.12 New Rule: July 5, 1994; effective July 15, 1994. Filed with LRS October 30, 2003. Rule is not subject to the Alabama Administrative Procedure Act. Repealed: October 9, 2013; effective October 19, 2013. Filed with LRS October 9, 2013. Rule i…

Notes Ala. Admin. Code r. 482-1-105-.13 New Rule: July 5, 1994; effective July 15, 1994. Amended: April 19, 1995; effective May 1, 1995. Amended: October 30, 2003; effective November 9, 2003. Filed with LRS October 30, 2003. Rule is not subject to the Alabama Administrative Proce…

Notes Ala. Admin. Code r. 482-1-105-.14 New Rule: July 5, 1994; effective July 15, 1994. Amended: October 30, 2003; effective November 9, 2003. Filed with LRS October 30, 2003. Rule is not subject to the Alabama Administrative Procedure Act. Repealed: October 9, 2013; effective O…

Notes Ala. Admin. Code r. 482-1-105-.15 New Rule: July 5, 1994; effective July 15, 1994. Amended: October 30, 2003; effective November 9, 2003. Filed with LRS October 30, 2003. Rule is not subject to the Alabama Administrative Procedure Act. Repealed: October 9, 2013; effective O…

This chapter is promulgated by the Commissioner of Insurance pursuant to Section 27-2-17, Code of Ala. 1975, and Section 20 of Act No. 93-675 (Senate Bill 14, 1993 Regular Legislative Session). Author: Reyn Norman, Associate Counsel Notes Ala. Admin. Code r. 482-1-106-.01 New Rul…

This chapter provides the procedures to be followed in the implementation and administration of the Alabama Managing General Agents Act, found at Sections 27-6A-2 through 27-6A-8, Code of Ala. 1975, regarding who must file, when to file, what must be certified and filed annually,…

An insurer must file the documents required under Rule 482-1-106-.04 for appointment of a managing general agent (MGA), if the insurer is either of the following: (a) A foreign insurer holding a certificate of authority to transact insurance business in this state and has any per…

(1) Any insurer who is required under Rule 482-1-106-.03 to file for appointment of a managing general agent (MGA) must complete and file all of the following within thirty (30) days of that appointment: (a) The appointment Form AL-MGA-1. This form must list all information reque…

(1) Each insurer which has appointed a managing general agent (MGA) shall annually file, for each appointed managing general agent, each of the following, as applicable: (a) A completed certification on Form AL-MGA-4, whereby the insurer will certify the existence or performance …

Within thirty (30) days after the termination of appointment of a managing general agent (MGA), an insurer shall complete and file Form MGA-3. Author: Reyn Norman, Associate Counsel Notes Ala. Admin. Code r. 482-1-106-.06 New Rule: August 1, 1994; effective August 11, 1994. Amend…

(1) Forms. The forms referred to in this chapter (AL-MGA-1, AL-MGA-2, AL-MGA-3 and AL-MGA-4) are attached hereto as Exhibits 1, 2, 3 and 4, respectively, may be freely copied or may be obtained from the Department of Insurance, Producer Licensing Division. (2) Fees. Documents fil…

Pursuant to Section 27-3-29, Code of Ala. 1975, if an applicant's state of domicile imposes any taxes, licenses or other fees, in the aggregate, or deposit requirements or other material obligations, prohibitions or restrictions in excess of the licenses or other fees, in the agg…

This chapter shall become effective upon its approval by the Commissioner of Insurance, and upon its having been on file as a public document in the office of the Secretary of State for ten days. Author: Reyn Norman, Associate Counsel Notes Ala. Admin. Code r. 482-1-106-.09 New R…

This chapter is promulgated by the Commissioner of Insurance pursuant to Section 27-2-17, Code of Ala. 1975, and Section 27-5A-12, Code of Ala. 1975 (Section 12 of Act No. 93-673, S.12, 1993 Regular Session). Author: Commissioner of Insurance Notes Ala. Admin. Code r. 482-1-107-.…

This chapter provides the procedures to be followed in the implementation and administration of the Alabama Reinsurance Intermediary Act, found at Sections 27-5A-1 through 27-5A-13, Code of Ala. 1975 (Act No. 93-673, S.12, 1993 Regular Session), regarding who must file, when to f…

(1) The following must be licensed in this state as a reinsurance intermediary: (a) Any person, firm, association or corporation acting as a reinsurance intermediary broker (RB) in this state, if the RB maintains an office (either directly or as a member or employee of a firm or …

(1) In order to obtain a license as a reinsurance intermediary, one must complete and file an application Form AL-RI-1. This form must list all information requested, including, but not limited to, the name, address and telephone number of each individual who will be acting on be…

(1) Forms. The form referred to in this chapter (AL-RI-1) is attached hereto as Exhibit 1, may be freely copied or may be obtained from the Department of Insurance, Producer Licensing Division. (2) Fees. An application filed pursuant to this chapter shall be accompanied by the fe…

Pursuant to Section 27-3-29, Code of Ala. 1975, if an applicant's state of domicile imposes any taxes, licenses or other fees, in the aggregate, or deposit requirements or other material obligations, prohibitions or restrictions in excess of the licenses or other fees, in the agg…

This chapter shall become effective ten (10) days from the date of certification that the properly executed chapter was delivered to the Secretary of State. Author: Commissioner of Insurance Notes Ala. Admin. Code r. 482-1-107-.07 New: August 1, 1994; effective August 11, 1994. F…

This chapter is adopted pursuant to the authority set forth in Sections 27-2-17, 27-7-30, and 27-7-43, Code of Ala. 1975. Author: Reyn Norman, Associate Counsel Notes Ala. Admin. Code r. 482-1-109-.01 New Rule: August 1, 1994; effective August 11, 1994. Amended: July 22, 1999; ef…

The purpose of this chapter is to present the procedure necessary for the effectuation of the provisions of the Insurance Code relating to the continuation of the appointment of insurance producers and service representatives. Author: Reyn Norman, Associate Counsel Notes Ala. Adm…

(1) This chapter applies to all insurers appointing producers and service representatives pursuant to Chapter 7 of the Alabama Insurance Code. (2) For purposes of this chapter, "insurers" shall have the same meaning as set forth in Section 27-7-1(6), Code of Ala. 1975. Author: Re…

(1) The Department will develop and maintain a list of contacts with insurers representing a person for each insurer designated by the insurer to be responsible for the continuation of appointments for producers and service representatives. (2) All insurers will provide the follo…

(1) Insurers can access an alphabetical listing by insurer of all producers and service representatives currently appointed to represent each insurer in this state through the National Insurance Producer Registry (NIPR). (2) The Department will send to the designated contact pers…

This chapter shall become effective upon its approval by the Commissioner of Insurance, and upon its having been on file as a public document in the office of the Secretary of State for ten days. Author: Reyn Norman, Associate Counsel Notes Ala. Admin. Code r. 482-1-109-.06 New R…

This chapter is adopted pursuant to Code of Ala. 1975, §§ 27-2-17, 27-2-17.1, 27-7-43, and 27-8A-1, et seq. Notes Ala. Admin. Code r. 482-1-110-.01 New Rule: September 15, 1994; effective October 1, 1994. Amended: August 19, 2002; effective August 29, 2002. Filed with LRS August …

The purposes of this chapter are as follows: (a) To set forth the procedures for the renewal of licenses of producers and service representatives, hereinafter sometimes referred to generally as "insurance representatives" or "licensees", as is required by Subsection (c) of Code o…

(1) As to the renewal of licenses, this chapter shall apply to every person licensed in this state as a producer or service representative for any line of authority. (2) In order to qualify for the renewal of their licenses, producers and service representatives licensed for the …

(1) All producers and service representatives licensed in the State of Alabama are required to complete an application for license renewal with the Department, which shall include the payment of the applicable fees, as set forth below: (a) For individual producers and service rep…