Section 27-43-1 – Short Title.
Section 27-43-1 Short title. This chapter shall be known and may be cited as the “Legal Expense Insurance Act.” (Acts 1981, No. 81-719, p. 1214, §1.)
Section 27-43-10 – Types of Legal Expense Insurance; Policy and Certificate Forms; Issuance of Policies and Certificates.
Section 27-43-10 Types of legal expense insurance; policy and certificate forms; issuance of policies and certificates. (a) Legal expense insurance may be written as individual, group, blanket, or franchise insurance. Each contractual obligation for legal expense insurance must be evidenced by a policy. Each person insured under a group policy must be issued a certificate […]
Section 27-43-11 – Premium Rates.
Section 27-43-11 Premium rates. (a) No policy of legal expense insurance may be issued in this state unless the premium rates for the insurance have been filed with and approved by the commissioner. (b) Premium rates must be established and justified in accordance with generally accepted insurance principles, including, but not limited to, the experience […]
Section 27-43-12 – Filing, Approval, etc., of Contracts Between Insurers and Attorneys, Etc.
Section 27-43-12 Filing, approval, etc., of contracts between insurers and attorneys, etc. (a) Contracts made between the insurer and participating attorneys, management contracts and contracts with other providers of services by the legal expense insurance policy must be filed with and approved by the commissioner. (b) Insurers must annually report to the commissioner, in such […]
Section 27-43-13 – Fees and Taxes Required of Legal Service Insurance Corporations; Applicability of General Insurance Laws to Legal Service Insurance Corporations.
Section 27-43-13 Fees and taxes required of legal service insurance corporations; applicability of general insurance laws to legal service insurance corporations. (a) A legal service insurance corporation will pay the prescribed fees and taxes required of a domestic casualty insurer. (b) The following provisions of the insurance laws of this state apply to legal service […]
Section 27-43-14 – Applicability of Chapters 7 and 8a.
Section 27-43-14 Applicability of Chapters 7 and 8A. Persons representing or aiding a legal service insurance corporation in the solicitation of legal expense insurance contracts in this state and the legal service insurance corporation with respect thereto shall be subject to Chapters 7 and 8A of this title, except that legal service insurance corporation producers […]
Section 27-43-15 – Registration Requirements – Sales Agents.
Section 27-43-15 Registration requirements – Sales agents. Repealed by Act 2001-702, p. 1509, § 16, effective January 1, 2002. (Acts 1981, No. 81-719, p. 1214, §1; Acts 1984, No. 84-243, p. 374, §1.)
Section 27-43-16 – Grounds for Compulsory Refusal, Suspension, Revocation, etc., of Registration of Contracting Sales Agents.
Section 27-43-16 Grounds for compulsory refusal, suspension, revocation, etc., of registration of contracting sales agents. Repealed by Act 2001-702, p. 1509, § 16, effective January 1, 2002. (Acts 1981, No. 81-719, p. 1214, §1.)
Section 27-43-17 – Grounds for Discretionary Refusal, Suspension, Revocation, etc., of Registration of Contracting Sales Agents.
Section 27-43-17 Grounds for discretionary refusal, suspension, revocation, etc., of registration of contracting sales agents. Repealed by Act 2001-702, p. 1509, § 16, effective January 1, 2002. (Acts 1981, No. 81-719, p. 1214, §1.)
Section 27-43-18 – Procedure for Refusal, Suspension, Revocation, etc., of Registration of Contracting Sales Agent.
Section 27-43-18 Procedure for refusal, suspension, revocation, etc., of registration of contracting sales agent. Repealed by Act 2001-702, p. 1509, § 16, effective January 1, 2002. (Acts 1981, No. 81-719, p. 1214, §1.)
Section 27-43-19 – Imposition of Administrative Penalty in Lieu of Suspension, Revocation, etc., of Registration.
Section 27-43-19 Imposition of administrative penalty in lieu of suspension, revocation, etc., of registration. Repealed by Act 2001-702, p. 1509, § 16, effective January 1, 2002. (Acts 1981, No. 81-719, p. 1214, §1.)
Section 27-43-2 – Purpose of Chapter.
Section 27-43-2 Purpose of chapter. The purpose of this chapter is to authorize state certification and regulation of organizations which provide programs for the payment of the costs of legal services. (Acts 1981, No. 81-719, p. 1214, §1.)
Section 27-43-20 – Funds Belonging to Legal Service Insurance Corporations Received by Agents to Be Held in Trust; Accounting for and Disposition of Funds by Agents; Appropriation of Funds, etc., by Agent.
Section 27-43-20 Funds belonging to legal service insurance corporations received by agents to be held in trust; accounting for and disposition of funds by agents; appropriation of funds, etc., by agent. Repealed by Act 2001-702, p. 1509, § 16, effective January 1, 2002. (Acts 1981, No. 81-719, p. 1214, §1.)
Section 27-43-21 – Disposition of Moneys Received From Licenses and Fees.
Section 27-43-21 Disposition of moneys received from licenses and fees. All moneys received from licenses and fees shall be deposited to the credit of the Examiners’ Revolving Fund of the Department of Insurance. (Acts 1981, No. 81-719, p. 1214, §1.)
Section 27-43-22 – Promulgation of Rules and Regulations.
Section 27-43-22 Promulgation of rules and regulations. The commissioner shall devise and promulgate rules and regulations, not inconsistent with the provisions of this chapter, as he deems advisable for effectuating its orderly administration. (Acts 1981, No. 81-719, p. 1214, §1.)
Section 27-43-23 – Construction of Chapter.
Section 27-43-23 Construction of chapter. Nothing contained in this chapter shall be construed to regulate the practice of law or limit the powers or authority of the Supreme Court of Alabama or State Bar of Alabama in the regulation of the conduct of attorneys. (Acts 1981, No. 81-719, p. 1214, §1.)
Section 27-43-3 – Definitions.
Section 27-43-3 Definitions. As used in this chapter, the following terms shall have the following meanings, respectively, unless the context requires otherwise: (1) DEPARTMENT. The Department of Insurance; (2) COMMISSIONER. The Commissioner of Insurance of this state; (3) INSURER. Any person authorized to do a casualty insurance business or life, accident and sickness insurance business […]
Section 27-43-4 – Applicability of Chapter.
Section 27-43-4 Applicability of chapter. The insurance laws of this state, including this chapter, do not apply to: (1) Retainer contracts made by attorneys-at-law with individual clients with fees based on estimates of the nature and amount of services to be provided to the specific client and similar contracts made with a group of clients […]
Section 27-43-5 – Authorization of Prepaid Legal Expense Insurance Business Required.
Section 27-43-5 Authorization of prepaid legal expense insurance business required. (a) No person or organization may do a prepaid legal expense insurance business in this state unless authorized to do so by the commissioner. (b) This section does not apply to organizations exempt pursuant to Section 27-43-4. (Acts 1981, No. 81-719, p. 1214, §1.)
Section 27-43-6 – Insurers Deemed Eligible to Transact Legal Expense Insurance.
Section 27-43-6 Insurers deemed eligible to transact legal expense insurance. (a) Any domestic, foreign, or alien insurer authorized to transact casualty insurance or life, accident and sickness insurance in this state may transact legal expense insurance in this state. (b) Legal service insurance corporations possessing a valid certificate of authority may transact legal expense insurance […]