Ala. Admin. Code r. 482-1-085-.03

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

Section 482-1-085-.03 - Scope

This chapter shall apply to all domestic life and accident and health insurers and to all other licensed life and accident and health insurers which are not subject to a substantially similar regulation in their domiciliary state. This chapter shall also similarly apply to licensed property and casualty insurers with respect to their accident and health business. This chapter shall not apply to assumption reinsurance where the ceding company has been released of all liability or yearly renewable term reinsurance.

Author: Commissioner of Insurance

Effective October 20, 1988. Revised: July 5, 1994; effective July 15, 1994. Revised: December 20, 1996; effective January 1, 1997. Filed for codification in the Alabama Administrative Code by the Department of Insurance on July 5, 2005, pursuant to the Code of Ala. 1975, § 27-7-43.

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