Ala. Admin. Code r. 482-1-136-.02

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

Section 482-1-136-.02 - Purpose

The purpose of this chapter is to require insurers, under certain circumstances, to provide notice of a proposed coverage restriction to be imposed at renewal, or a non-renewal of coverage, as defined herein, so that policyholders have time to shop for alternative coverage if so desired.

Ala. Admin. Code r. 482-1-136-.02

New Rule: December 21, 2005; effective December 31, 2005. Filed with LRS December 21, 2005. Rule is not subject to the Alabama Administrative Procedure Act. Amended: March 30, 2007; effective April 9, 2007. Filed with LRS March 30, 2007. Rule is not subject to the Alabama Administrative Procedure Act.

Author: Commissioner of Insurance

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