Ala. Admin. Code r. 482-1-127-.01

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

Section 482-1-127-.01 - Purpose

The purpose of this chapter is to set forth restrictions and procedural requirements for personal lines insurers licensed in Alabama regarding the use of applicants' credit history for calculating rates and determining eligibility for coverage or tier placement.

Author: Commissioner of Insurance

Ala. Admin. Code r. 482-1-127-.01

New Rule: May 21, 2003, effective June 7, 2003. Filed with LRS May 28, 2003. Rule is not subject to the Alabama Administrative Procedure Act.

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