Ala. Admin. Code r. 482-1-093-.12

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

Section 482-1-093-.12 - Periodic Filing Requirement

Each insurance company writing credit property insurance and/or involuntary unemployment insurance shall submit a filing demonstrating that its rates comply with the rating standard in Rule 482-1-093-.10 no less than every three years. If the last approved rate filing of the insurance company was approved three years prior to the effective date of this chapter, the insurance company must file within six months from the effective date.

Author: Vincent R. Ledlow, Associate Counsel

New Rule: June 12, 1992; effective June 22, 1992; Amended: October 15, 1996; effective April 1, 1997. Amended: July 23, 2002; effective August 2, 2002. Filed with LRS July 23, 2002. Rule is not subject to the Alabama Administrative Procedure Act.

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