Statutes, codes, and regulations
Alabama Administrative Code
Title 482 - ALABAMA DEPARTMENT OF INSURANCE
Chapter 482-1-144 - ELECTRONIC FILING OF PREMIUM TAX RETURNS AND SURPLUS LINE BROKER TAX RETURNS ELECTRONIC PAYMENT OF PREMIUM TAXES, SURPLUS LINE BROKER TAXES, AND FEES
Section 482-1-144-.04 - Definitions

Ala. Admin. Code r. 482-1-144-.04

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Current through Register Vol. 43, No. 1, October 31, 2024
Section 482-1-144-.04 - Definitions

The following definitions apply for purposes of this chapter:

(a) DOMESTIC INSURER, FOREIGN INSURER, and INSURER. As defined in Code of Ala. 1975, §§ 27-4A-2(4), -(5), and -(6), respectively.
(b) EFT. An electronic funds transfer using the method(s) employed in the Electronic Filing System from time to time.
(c)
l. FEES. The following fees imposed under the Alabama Insurance Code apart from Premium Tax and Surplus Line Broker Tax:
(i) The fee for annual renewal of a certificate of authority for a foreign or domestic insurer.
(ii) The fee for the filing of an annual statement by a foreign or domestic insurer.
(iii) The fee for renewal of a certificate of authority by an HMO, fraternal benefit society, or mutual aid association.
(iv) The fee for the filing of an annual statement by a foreign or domestic HMO, a fraternal benefit society, or a mutual aid association.
(v) The examination fee for an annual statement filed by a foreign or domestic insurer.
(vi) The examination fee for an annual statement filed by a foreign or domestic HMO, a fraternal benefit society, or a mutual aid association.
2. "Fees" for purposes of this chapter do not include licensing fees paid by surplus line brokers.
(d) NAIC. National Association of Insurance Commissioners.
(e) ELECTRONIC FILING SYSTEM. The system(s) designated by the Commissioner of Insurance from time to time for the electronic filing of Premium Tax Returns and Surplus Line Broker Tax Returns and EFT payment of Premium Tax, Surplus Line Broker Tax, and Fees as required by this chapter.
(f) OPTins SYSTEM. The Online Premium Tax for Insurance Internet-based premium tax filing system ("OPTins") maintained by the NAIC.
(g) PREMIUM TAX. The tax on insurance premiums received by insurers as imposed in accordance with the Insurance Premium Tax Reform Act of 1993, Code of Ala. 1975, §§ 27-4A-1 et seq. Excluded from this definition of "Premium Tax" are Fees and the Surplus Line Broker Tax, as otherwise defined in this chapter, and taxes or fees on insurers or the business of insurance paid to other departments or agencies of the State government or to municipal corporations.
(h) PREMIUM TAX RETURN. The premium tax return or statement submitted to the Department on a quarterly or annual basis in the form prescribed by the Department.
(i) SURPLUS LINE BROKER TAX. The surplus line broker tax imposed in accordance with Code of Ala. 1975, § 27-10-31.
(j) SURPLUS LINE BROKER TAX RETURN. The tax return or statement submitted by all licensed surplus line brokers to the Department on an annual basis, or voluntarily on a monthly or quarterly basis, in the form prescribed by the Department.

Ala. Admin. Code r. 482-1-144-.04

New: Filed November 21, 2008; effective January 1, 2009. Filed with LRS December 4, 2008. Rule is not subject to the Alabama Administrative Procedure Act.

Author: Commissioner of Insurance

Statutory Authority:Code of Ala. 1975, §§ 27-2-17, 8-1A-18, 41-1-23.