Section 27-13-1 Purpose of chapter; construction thereof. The purpose of this chapter is to promote the public welfare by regulating insurance rates to the end that they shall not be excessive, inadequate or unfairly discriminatory and to authorize and regulate cooperative action among insurers in rate-making and in other matters within the scope of this […]
Section 27-13-2 Administration of laws relating to rates and rating systems. The commissioner is charged with the duty of the administration of all laws now relating, or hereafter relating, to insurance rates and rating systems of all companies authorized to do business in the State of Alabama, with the exception of rates of life and […]
Section 27-13-3 Filing of data or information by insurers. (a) The commissioner may require any regulated insurer engaged in any of the businesses in Alabama as enumerated in this chapter to file with the department any data or information required or necessary in the performance of the duties of the commissioner, the data or information […]
Section 27-13-4 Rules and regulations. The commissioner shall, from time to time, promulgate such rules and regulations as he may deem necessary to carry out the provisions of this article and, upon request, shall furnish to any interested party a copy of such rules and regulations. (Acts 1945, No. 118, p. 111, §6; Acts 1971, […]
Section 27-13-5 Disposition of licenses collected from rating organizations. Any licenses collected from any rating organization by the commissioner shall be paid into the Treasury of the State of Alabama. (Acts 1945, No. 118, p. 111, §7; Acts 1971, No. 407, p. 707, §256.)
Section 27-13-6 Short title. This chapter may be referred to as “The Rating Law.” (Acts 1971, No. 407, p. 707, §251.)
