reglab/housing_qa huggingface dataset:
AL Code § 27-22-2 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 22 - Property Insurance Contracts.|Article 1 - Property Insurance Controls.|Section 27-22-2 - Industrial Fire Insurance Policies.

Section 27-22-2Industrial fire insurance policies. (a) Industrial fire insurance policies are policies issued by insurers writing fire and allied lines of insurance through agents operating on the debit agency system under which system a weekly or monthly collection percentage is paid based either on actual weekly or monthly premium collections or weekly or monthly increases of premium collections. (b) No such policy, or such policies, covering any of the same subjects of insurance shall be issued which provides indemnity exceeding the limits set by the commissioner as to any one loss resulting from any, or all, of the hazards or perils insured against. (c) No such policy shall be issued except upon a monthly or weekly premium payment basis. No discount for premiums paid in advance shall exceed five percent for premiums paid for six months in advance or 10 percent for premiums paid for 12 months in advance. In no event shall premiums be collected for more than 12 months in advance. (Acts 1971, No. 407, p. 707, §483.)
AL Code § 27-22-20 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 22 - Property Insurance Contracts.|Article 2 - Property Insurance Clarity Act.|Section 27-22-20 - Short Title.

Section 27-22-20Short title. This article shall be known and may be cited as the Property Insurance Clarity Act. (Act 2012-373, p. 932, §1.)
AL Code § 27-22-21 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 22 - Property Insurance Contracts.|Article 2 - Property Insurance Clarity Act.|Section 27-22-21 - Policy and Premium Information to Be Submitted to the Department of Insurance.

Section 27-22-21Policy and premium information to be submitted to the Department of Insurance. (a) Each insurance company authorized to transact homeowners insurance business in the State of Alabama shall annually submit to the department for homeowners insurance policies, computations of the total amount of direct incurred losses, the number of policies in force, and the direct earned premiums for the prior calendar year. The insurance company shall report the computations to the department by zip code. The information received by the department shall be aggregated across all insurance companies collectively and the aggregated totals shall be arranged by zip code. Homeowners insurance shall also include condominium insurance, dwelling fire policies, renters/tenants insurance, and mobile home/manufactured housing property insurance. Creditor-placed property insurance, condominium association insurance, and commercial insurance are excluded from this article. (b) Based upon the information submitted to or otherwise gathered by the department, the department shall compile and post on the department website the aggregated total of the computations provided in subsection (a) by zip code for the prior calendar year. (c) Each insurance company authorized to transact homeowners insurance business in the state shall annually submit to the department computations of the direct incurred losses and the number of policies in force, by zip code, by calendar year for the prior calendar year, for each of the following perils: (1) Fire. (2) All nonhurricane wind/hail. (3) Hurricane. (4) All other perils. (d) Each insurance company authorized to transact homeowners insurance business in the state shall submit to the department catastrophe wind/hail information pursuant to a data call by the department based on a specific catastrophic event. (Act 2012-373, p. 932, §2; Act 2019-177, §1.)
AL Code § 27-22-22 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 22 - Property Insurance Contracts.|Article 2 - Property Insurance Clarity Act.|Section 27-22-22 - Rate-Making Methodologies

Section 27-22-22Rate-making methodologies The department shall also post on the department website a general description of the rate-making methodology that the department allows insurance companies to use in establishing their homeowners rates. (Act 2012-373, p. 932, §3.)
AL Code § 27-22-23 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 22 - Property Insurance Contracts.|Article 2 - Property Insurance Clarity Act.|Section 27-22-23 - Submission of Information and Compilation of Aggregate Totals.

Section 27-22-23Submission of information and compilation of aggregate totals. Commencing on October 1, 2013, each insurance company authorized to transact homeowners insurance business in this state shall provide the information required pursuant to subsection (a) of Section 27-22-21, commencing with the calendar year 2007. Voluntary submissions of the information required by subsection (a) of Section 27-22-21 for calendar years prior to 2007, may be submitted and shall be compiled and posted by the department in the same manner. Based upon the submitted information, the department shall compile aggregate totals, commencing with 2007, and post those aggregate totals on the department website pursuant to subsection (b) of Section 27-22-21. (Act 2012-373, p. 932, §4.)
AL Code § 27-22-24 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 22 - Property Insurance Contracts.|Article 2 - Property Insurance Clarity Act.|Section 27-22-24 - Reporting Requirements; Waiver, Modification, etc.; Failure to Comply.

Section 27-22-24Reporting requirements; waiver, modification, etc.; failure to comply. (a) Upon written request of an insurance company, the commissioner may waive, modify, or extend for an additional time period, for good cause shown, the reporting requirements imposed by this article. The request shall demonstrate good cause for waiving, modifying, or extending the reporting requirements. Good cause may include, but is not limited to, the insurance company’s limited percentage of the total homeowners insurance market in this state, or the undue burden of compiling and reporting the computations, data, and other information required by this article due to the manner, format, or method in which the insurance company has stored the computations, data, or other information required. (b) Any insurance company that fails to timely comply with the reporting requirements imposed by this article shall be given notice by the department of such failure and provided 90 days within which to comply. Any insurance company that fails to comply on or before the 90th day shall be fined two thousand five hundred dollars ($2,500) per month, by the department until the date of compliance. Any funds collected pursuant to this subsection shall be deposited into the State General Fund. (c) The commissioner shall waive or modify the reporting requirements imposed by this article under Section 27-22-23 if an insurance company does not store the computations, data, or other information required; must materially upgrade, modify, redevise, or reprogram computer systems to provide the computations, data, or other information; or must significantly divert limited resources to provide the computations, data, or other information. (Act 2012-373, p. 932, §5.)
AL Code § 27-22-25 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 22 - Property Insurance Contracts.|Article 2 - Property Insurance Clarity Act.|Section 27-22-25 - Confidentiality of Information.

Section 27-22-25Confidentiality of information. Any information reported to the department by an insurer pursuant to this article is considered a commercially valuable trade secret as defined in Section 8-27-2, and shall be confidential. However, once the information from all of the insurers is aggregated, then the department may provide such information in accordance with this article. The department, absent a court order, shall not release this confidential information. Notice of at least 10 business days shall be given to the applicable entity if such information is ordered to be provided by the department. (Act 2012-373, p. 932, §6.)
AL Code § 27-22-40 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 22 - Property Insurance Contracts.|Article 3 - Alabama Homeowners Bill of Rights Act.|Section 27-22-40 - Purpose, Intent, Short Title.

Section 27-22-40Purpose, intent, short title. (a) The purpose of this article is to set forth the rights Alabama homeowners have with respect to their insurance policies and with insurance companies. (b) It is the intent of this article to improve homeowners understanding of their policies and to better enable a policyholder to understand their coverages. (c) This article shall be known and may be cited as the "Alabama Homeowners Bill of Rights Act." (Act 2012-510, p. 1521, §1.)
AL Code § 27-22-41 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 22 - Property Insurance Contracts.|Article 3 - Alabama Homeowners Bill of Rights Act.|Section 27-22-41 - Applicability; Definitions.

Section 27-22-41Applicability; definitions. (a) This article shall apply to all insurance companies authorized under a certificate of authority for property insurance and writing homeowners and other personal lines residential property insurance policies in the State of Alabama. (b) For purposes of this article, the term "personal lines residential property insurance" shall include condominium insurance, dwelling fire policies that provide dwelling or contents coverage, renters/tenants insurance, and mobile home or manufactured home insurance. Creditor placed property insurance and condominium association or homeowner association property insurance is excluded from this article. (Act 2012-510, p. 1521, §2.)
AL Code § 27-22-42 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 22 - Property Insurance Contracts.|Article 3 - Alabama Homeowners Bill of Rights Act.|Section 27-22-42 - Policyholders Bill of Rights.

Section 27-22-42Policyholders Bill of Rights.  The following shall serve as the minimum standards to be followed by the Alabama Department of Insurance in exercising the department's powers and duties in regulating insurance companies pursuant to Chapter 12. The Department of Insurance and insurance companies shall post this list or an electronic link of this list on their respective websites. These standards include the following: (1) Policyholders shall have the right to competitive pricing practices of insurers as prescribed by applicable federal or state insurance law and regulation. (2) Policyholders shall have the right to insurance advertising and sales approaches that provide representative information on the policy in accordance with Chapter 12. (3) Policyholders shall have the right to assurance that the insurance market in general and their insurance company in particular are financially stable as provided in Section 27-12-7. (4) Policyholders shall have the right to receive service from licensed producers in accordance with Chapter 7, and to request the license status of an insurance company or producer. (5) Policyholders shall have the right to a policy as prescribed in Chapter 14, to receive a complete policy, and to request a duplicate or replacement policy, if needed. (6) Policyholders shall have the right to receive in writing from their insurance company the reason for any cancellation of coverage and a minimum number of days' notice of cancellation of coverage, subject to applicable federal or state insurance law and regulation. (7) Policyholders shall have the right to cancel their policy and receive a refund of any unearned premium. If a policy was funded by a premium finance company, the unearned premium will be returned to the premium finance company to pay toward the policyholder's financing loan. (8) Policyholders shall have the right to a written notification, at renewal, describing changes in their insurance contract language that are applicable to the renewal period. (9) Policyholders shall have the right, in the event of a claim, to reject any settlement amount offered by the insurance company. (10) Policyholders shall have the right to select their licensed contractor or vendor to repair, replace, or rebuild damaged property covered by the insurance policy. (11) Policyholders shall have the right to file a written complaint against any insurance company with the Department of Insurance and to have that complaint reviewed by the Department of Insurance. (12) Policyholders shall have the right to file a written complaint against any insurance producer with the Department of Insurance and to have that complaint reviewed by the Department of Insurance. (Act 2012-510, p. 1521, §3.)
AL Code § 27-22-44 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 22 - Property Insurance Contracts.|Article 3 - Alabama Homeowners Bill of Rights Act.|Section 27-22-44 - Cause of Action

Section 27-22-44Cause of action Any violation of this article or any provision therein shall be enforceable only by the Department of Insurance as provided herein. Nothing in this article shall be used to provide a basis for a private cause of action. This article does not operate to expand coverage beyond the coverage provided by the policy. (Act 2012-510, p. 1521, §5.)
AL Code § 27-22-45 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 22 - Property Insurance Contracts.|Article 3 - Alabama Homeowners Bill of Rights Act.|Section 27-22-45 - Violations and Penalties.

Section 27-22-45Violations and penalties. The failure of an insurance company writing homeowners personal lines residential property coverage insurance policies in this state to comply with the material provisions of this article shall be a violation of the Unfair Trade Practices Act as set forth in Section 27-12-1 et seq. of the Alabama Insurance Code. Violation of the Unfair Trade Practices Act may subject the insurance company to the suspension or revocation of the Insurer's Certificate of Authority or the imposition of an administrative fine, or both. (Act 2012-510, p. 1521, §6.)
AL Code § 27-22-60 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 22 - Property Insurance Contracts.|Article 4 - Insurance Payments to Lender.|Section 27-22-60 - Definitions.

Section 27-22-60Definitions. As used in this article, the following terms shall have the following meanings: (1) LENDER. A person who holds a mortgage, lien, deed of trust, or other security interest in property. The term includes an assignee, receiver, or other transferee of the interest. (2) RESIDENTIAL REAL PROPERTY. Any of the following: a. A single-family house. b. A duplex, triplex, or quadraplex. c. A unit in a multi-unit residential structure in which title to an individual unit is transferred to the owner of the unit under a condominium or cooperative system. (Act 2019-460, §1.)
AL Code § 27-22-61 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 22 - Property Insurance Contracts.|Article 4 - Insurance Payments to Lender.|Section 27-22-61 - Notice to Insured of Requirements for Release of Insurance Proceeds.

Section 27-22-61Notice to insured of requirements for release of insurance proceeds. (a) If a claim under an insurance policy for damage to residential real property is paid to the insured and a lender, and the lender holds all or part of the proceeds from the insurance claim payment pending completion of all or part of the repairs to the property, the lender shall notify the insured of each requirement with which the insured must comply for the lender to release the insurance proceeds. (b) The notice required under this section must be provided no later than 14 days after the date the lender receives payment of the insurance proceeds. (Act 2019-460, §2.)
AL Code § 27-22-62 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 22 - Property Insurance Contracts.|Article 4 - Insurance Payments to Lender.|Section 27-22-62 - Duties of Lenders Upon Request of Release.

Section 27-22-62Duties of lenders upon request of release. Not later than 10 days after the date a lender receives from the insured a request for release of all or part of the insurance proceeds held by the lender, the lender shall do either of the following: (1) If the lender has received sufficient evidence of the insured's compliance with the requirements specified by the lender under Section 27-22-61 for release of the proceeds, the lender shall release to the insured, as requested, all or part of the proceeds. (2) Provide notice to the insured that explains specifically both of the following: a. The reason for the lender's refusal to release the proceeds to the insured. b. Each requirement with which the insured must comply for the lender to release the proceeds. (Act 2019-460, §3.)
AL Code § 27-22-63 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 22 - Property Insurance Contracts.|Article 4 - Insurance Payments to Lender.|Section 27-22-63 - Failure to Provide Notice or to Release Insurance Proceeds.

Section 27-22-63Failure to provide notice or to release insurance proceeds. A lender who fails to provide notice as required by Section 27-22-61 or Section 27-22-62 or to release insurance proceeds as required by Section 27-22-62 shall pay to the insured interest at the rate of 10 percent per year on the proceeds held by the lender. (Act 2019-460, §4.)
AL Code § 27-22-64 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 22 - Property Insurance Contracts.|Article 4 - Insurance Payments to Lender.|Section 27-22-64 - Accrual of Interest.

Section 27-22-64Accrual of interest. (a) If a lender fails to provide notice as required by Section 27-22-61 or Section 27-22-62, interest begins to accrue on the date the lender received the insurance proceeds. (b) If a lender fails to release insurance proceeds as required by Section 27-22-62, interest begins to accrue on the date the lender receives sufficient evidence of the insured's compliance with the requirements specified by the lender under Section 27-22-61 or Section 27-22-62 for release of the proceeds. (c) Interest stops accruing on the date the lender complies with Section 27-22-61 or Section 27-22-62, as applicable. (Act 2019-460, §5.)
AL Code § 27-22-65 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 22 - Property Insurance Contracts.|Article 4 - Insurance Payments to Lender.|Section 27-22-65 - Construction of Article.

Section 27-22-65Construction of article. Nothing in this article shall impact any rights of a lender, whether provided by law or by an agreement with a borrower or mortgagor. (Act 2019-460, §6.)
AL Code § 27-23-1 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 23 - Casualty Insurance Contracts.|Article 1 - General Provisions.|Section 27-23-1 - When Insurer's Liability Absolute.

Section 27-23-1When insurer's liability absolute. As to every contract of insurance made between an insurer and any insured by which such insured is insured against loss or damage on account of the bodily injury or death by accident of any person for which loss or damage such insured is responsible, whenever a loss occurs on account of a casualty covered by such contract of insurance, the liability of the insurer shall become absolute and the payment of the loss shall not depend upon the satisfaction by the insured of a final judgment against him for loss, or damage, or death occasioned by the casualty. No such contract of insurance shall be cancelled or annulled by any agreement between the insurer and the insured after the insured has become responsible for such loss or damage, and any such cancellation or annulment shall be void. (Code 1940, T. 28, §11; Acts 1971, No. 407, p. 707, §484.)
AL Code § 27-23-2 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 23 - Casualty Insurance Contracts.|Article 1 - General Provisions.|Section 27-23-2 - Rights of Judgment Creditors.

Section 27-23-2Rights of judgment creditors. Upon the recovery of a final judgment against any person, firm, or corporation by any person, including administrators or executors, for loss or damage on account of bodily injury, or death or for loss or damage to property, if the defendant in such action was insured against the loss or damage at the time when the right of action arose, the judgment creditor shall be entitled to have the insurance money provided for in the contract of insurance between the insurer and the defendant applied to the satisfaction of the judgment, and if the judgment is not satisfied within 30 days after the date when it is entered, the judgment creditor may proceed against the defendant and the insurer to reach and apply the insurance money to the satisfaction of the judgment. (Acts 1953, No. 283, p. 350; Acts 1971, No. 407, p. 707, §485.)
AL Code § 27-23-20 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 23 - Casualty Insurance Contracts.|Article 2 - Cancellation of Automobile Liability Insurance.|Section 27-23-20 - Definitions.

Section 27-23-20Definitions. For the purposes of this article, the following terms shall have the meanings respectively ascribed to them by this section: (1) POLICY OF AUTOMOBILE LIABILITY INSURANCE. A policy delivered, or issued for delivery, in this state insuring a natural person as named insured or one or more related individuals, resident of the same household, and under which the insured vehicles therein designated are of the following types only: a. A motor vehicle of the private passenger or station type that is not used as a public or livery conveyance for passengers nor rented to others; or b. Any other four-wheel motor vehicle with a load capacity of 1,500 pounds or less which is not used in the occupation, profession, or business of the insured; provided, however, that this article shall not apply: 1. To policies of automobile liability insurance issued under an automobile assigned risk plan; 2. To any policy insuring more than four automobiles; nor 3. To any policy covering garage, automobile sales agency, repair shop, service station, or public parking place operation hazards and provided, further, that this article shall apply only to that portion of an automobile liability policy insuring against bodily injury and property damage liability and to the provisions therein, if any, relating to medical payments and uninsured motorists' coverage. (2) NONPAYMENT OF PREMIUM. Failure of the named insured to discharge, when due, any of his obligations in connection with the payment of premiums on a policy of automobile liability insurance or any installment of such premium, whether the premium is payable directly to the insurer or its agent or indirectly under any premium finance plan or extension of credit. (Acts 1971, No. 407, p. 707, §485.1.)
AL Code § 27-23-22 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 23 - Casualty Insurance Contracts.|Article 2 - Cancellation of Automobile Liability Insurance.|Section 27-23-22 - Effect of Renewal.

Section 27-23-22Effect of renewal. Renewal of a policy shall not constitute a waiver or estoppel with respect to grounds for cancellation which existed before the effective date of such renewal. (Acts 1971, No. 407, p. 707, §485.4.)
AL Code § 27-23-23 (2021)
2021 Code of Alabama|Title 27 - Insurance.|Chapter 23 - Casualty Insurance Contracts.|Article 2 - Cancellation of Automobile Liability Insurance.|Section 27-23-23 - Notice of Cancellation - Time; Reasons.

Section 27-23-23Notice of cancellation - Time; reasons. No notice of cancellation of a policy to which Section 27-23-21 applies shall be effective unless mailed or delivered by the insurer to the named insured at least 20 days prior to the effective date of cancellation; provided, however, that where cancellation is for nonpayment of premium, at least 10 days' notice of cancellation accompanied by the reason therefor shall be given. Unless the reason, or reasons, accompany or are included in the notice of cancellation, the notice of cancellation shall state, or be accompanied by a statement, that upon written request of the named insured, mailed or delivered to the insurer not less than 15 days prior to the effective date of cancellation, the insurer will specify the reason, or reasons, for such cancellation. (Acts 1971, No. 407, p. 707, §485.3.)