Ala. Admin. Code r. 482-1-009-.04

Current through Register Vol. 43, No. 1, October 31, 2024

Section 482-1-009-.04 - Policy And Forms

An insurer issuing an industrial fire policy may not use the caption "The Standard Fire Policy." When policy designation is made, the words "Industrial," "Monthly," "Weekly Premium," or "Home Service" must be incorporated as a part of such caption. All policies and endorsements are subject to specific approval by this Department. All industrial fire policies must be marketed by a licensed producer authorized for the "Industrial (Debit) Fire" line of authority, or the "Property" and "Casualty" lines of authority.

Author: John Davis, Associate Counsel

New Rule: August 1, 1957; effective August 1, 1957. Amended: December 31, 1971; effective January 10, 1972. Amended: February 18, 1977. Amended: February 18, 1977; effective February 28, 1977. Amended: March 10, 1982; effective May 1, 1982. Amended: December 4, 1985; effective December 16, 1985. Amended: January 16, 2003; effective January 26, 2003. Filed with LRS January 16, 2003. Rule is not subject to the Alabama Administrative Procedure Act.

Statutory Authority:Code of Ala. 1975, §§ 27-2-17, 27-14-8.