reglab/statecodes huggingface dataset:
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-157 - CRIMINAL HISTORY BACKGROUND CHECKS FOR INSURANCE PRODUCERS AND INDEPENDENT ADJUSTERS › Section 482-1-157-.03 - Criminal History Background Checks

Current through Register Vol. 42, No. 9, June 28, 2024
(1) Any individual submitting an applicable
			 application for license shall be required to be fingerprinted by the approved
			 third party contractor designated by the Alabama Department of Insurance,
			 submit the required nonrefundable and nontransferable fee, and authorize the
			 Alabama Department of Public Safety to conduct a criminal history background
			 check and allow the release of any criminal history information to the Alabama
			 Department of Insurance.
(2)
			 Specific instructions for complying with this requirement will be provided on
			 the Department's Web page.
(3) A
			 criminal history background check conducted in accordance with this rule shall
			 be valid for any applicable application filed within 365 days.
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17,
				  27-7-4.4,
				  27-9A-17 (2014).
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-157 - CRIMINAL HISTORY BACKGROUND CHECKS FOR INSURANCE PRODUCERS AND INDEPENDENT ADJUSTERS › Section 482-1-157-.04 - Severability And Effective Date

Current through Register Vol. 42, No. 9, June 28, 2024
(1)
			 If any rule or portion of a rule or its applicability to any person or
			 circumstance is held invalid by any court, the remainder of this chapter or the
			 applicability of the provision to other persons or circumstances shall not be
			 affected.
(2) This chapter shall
			 become effective January 1, 2015, upon its approval by the Commissioner of
			 Insurance and upon its having been on file as a public document in the office
			 of the Secretary of State for ten days.
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17,
				  27-7-4.4,
				  27-9A-17 (2014).
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-158 - CRIMINAL HISTORY BACKGROUND CHECKS FOR TITLE INSURANCE AGENTS › Section 482-1-158-.01 - Purpose, Scope, And Authority

Current through Register Vol. 42, No. 9, June 28, 2024
(1)
			 The purpose of this chapter is to set forth rules the Commissioner deems
			 necessary to carry out the provisions of
Code of Ala.
			 1975
, §
								27-25-4.6 (2014), relating to
			 conducting a criminal history background check on all applicants for license as
			 title insurance agent.
(2) This
			 chapter shall apply to all individuals applying for an initial license as title
			 insurance agent.
(3) This chapter
			 is adopted pursuant to
Code of Ala. 1975
, §§
								27-2-17 (1975) and 27-25-4.6
			 (2014).
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17,
				  27-25-4.6 (2014).
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-158 - CRIMINAL HISTORY BACKGROUND CHECKS FOR TITLE INSURANCE AGENTS › Section 482-1-158-.02 - Criminal History Background Check

Current through Register Vol. 42, No. 9, June 28, 2024
(1) Any individual submitting an application
			 for an initial license as title insurance agent shall be required to be
			 fingerprinted by the approved third party contractor designated by the Alabama
			 Department of Insurance, submit the required nonrefundable and nontransferable
			 fee, and authorize the Alabama Department of Public Safety to conduct a
			 criminal history background check and allow the release of any criminal history
			 information to the Alabama Department of Insurance.
(2) Specific instructions for complying with
			 this requirement will be provided on the Department's Web page.
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17,
				  27-7-4.4,
				  27-9A-17 (2014).
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-158 - CRIMINAL HISTORY BACKGROUND CHECKS FOR TITLE INSURANCE AGENTS › Section 482-1-158-.03 - Severability And Effective Date

Current through Register Vol. 42, No. 9, June 28, 2024
(1)
			 If any rule or portion of a rule or its applicability to any person or
			 circumstance is held invalid by any court, the remainder of this chapter or the
			 applicability of the provision to other persons or circumstances shall not be
			 affected.
(2) This chapter shall
			 become effective January 1, 2015, upon its approval by the Commissioner of
			 Insurance and upon its having been on file with the Legislative Reference
			 Service for 35 days, subject to review by the Joint Committee on Administrative
			 Regulation Review.
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-7-4.4,
				  27-9A-17 (2014).
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-159 - STRENGTHEN ALABAMA HOMES › Section 482-1-159-.01 - Purpose, Scope And Authority

Current through Register Vol. 42, No. 9, June 28, 2024
(1)
			 The purpose of this chapter is to set forth rules and requirements the
			 Commissioner deems necessary to carry out the provisions of
Code of
			 Ala. 1975
, §§
								27-31E-1, et seq. (2014 Repl.
			 Vol.), relating to the Strengthen Alabama Homes (SAH) program.
(2) This chapter shall apply to all aspects
			 of the SAH program.
(3) This
			 chapter is adopted pursuant to
Code of Ala. 1975
,
			 §§
								27-2-17 and
			 27-31E-1, et seq. (2014 Repl.
			 Vol).
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17,
				  27-31E-2.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-159 - STRENGTHEN ALABAMA HOMES › Section 482-1-159-.01 - Purpose, Scope, And Authority

Current through Register Vol. 42, No. 9, June 28, 2024
(1) The purpose of this chapter is to set
			 forth rules and requirements the Commissioner deems necessary to carry out the
			 provisions of Ala. Code 1975, §§
								27-31E-1 through 5, relating to
			 the Strengthen Alabama Homes (SAH) program.
(2) This chapter shall apply to all aspects
			 of the SAH program.
(3) This
			 chapter is adopted pursuant to Ala. Code 1975, §§
								27-2-17 and
			 27-31E-1 through 5.
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17,
				  27-31E-2.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-159 - STRENGTHEN ALABAMA HOMES › Section 482-1-159-.02 - Grants

Current through Register Vol. 42, No. 9, June 28, 2024
(1)
Eligibility.
To be eligible for an SAH grant, an
			 applicant must meet the following requirements:
(a) Homeowner must claim its primary
			 residence in a county where grants are being approved.
(b) The home to be mitigated must be an owner
			 occupied, single-family, primary residence, and cannot be a condominium or
			 mobile home.
(c) The home must be
			 in good repair unless damaged by a hurricane, non-hurricane wind, or hail. SAH
			 grant funds cannot be used for maintenance or repairs, but may be used in
			 conjunction with repairs or reconstruction necessitated by damages from a
			 hurricane, non-hurricane wind, or hail.
(d) Homeowner must retrofit the home to the
			 Insurance Institute for Business and Home Safety (IBHS) FORTIFIED Roof (Roof)
			 or FORTIFIED Silver (Silver) or a successor designation.
(e) Homeowner must provide proof of an
			 in-force policy providing wind insurance on the home.
(f) If the home is in a special flood hazard
			 area, homeowner must provide proof of an in-force flood insurance policy. The
			 flood policy may be from the National Flood Insurance Program (NFIP) or a
			 private carrier.
(g) FORTFIED
			 projects must be completed within three (3) months of the date of the Grant
			 Approval Notification. Failure to complete the project timely may result in
			 forfeiture of the grant.
(h) Any
			 entity providing funds to the SAH program will be permitted to establish
			 additional rules and guidelines under which those funds may be used, as long as
			 they do not violate any state or federal law.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-159 - STRENGTHEN ALABAMA HOMES › Section 482-1-159-.02 - Grants

Current through Register Vol. 42, No. 9, June 28, 2024
(1)
Eligibility
. To be eligible for an SAH grant, an
			 applicant must meet the following requirements:
(a) Homeowner must claim its primary
			 residence in a county where grants are being approved.
(b) The home that is the subject of the grant
			 must be an owner occupied, single-family, primary residence, and cannot be a
			 condominium or mobile home.
(c) The
			 home must be in good repair unless damaged by a hurricane, non-hurricane wind,
			 or hail. SAH grant funds cannot be used for maintenance or repairs, but may be
			 used in conjunction with repairs or reconstruction necessitated by damages from
			 a hurricane, non-hurricane wind, or hail.
(d) Homeowner must retrofit the home to the
			 Insurance Institute for Business and Home Safety (IBHS) FORTIFIED RoofTM (Roof)
			 or FORTIFIED SilverTM (Silver) or an IBHS successor designation.
(e) Homeowner must provide proof of an
			 in-force policy providing wind insurance on the home.
(f) If the home is in a special flood hazard
			 area, homeowner must provide proof of an in-force flood insurance policy. The
			 flood policy may be from the National Flood Insurance Program (NFIP) or a
			 private carrier.
(g) FORTFIED
			 projects must be completed within three (3) months of the date of the Grant
			 Approval Notification. Failure to complete the project timely may result in
			 forfeiture of the grant.
(h) Any
			 entity providing funds to the SAH program will be permitted to establish
			 additional rules and guidelines under which those funds may be used, as long as
			 they do not violate any state or federal law.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-159 - STRENGTHEN ALABAMA HOMES › Section 482-1-159-.03 - Grant Award Eligibility (REPEALED)

Current through Register Vol. 42, No. 9, June 28, 2024
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17,
				  27-31E-2.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-159 - STRENGTHEN ALABAMA HOMES › Section 482-1-159-.04 - Grant Award Allocations

Current through Register Vol. 42, No. 9, June 28, 2024
(1)
			 In order to assure equitable distribution of grants in proportion to the income
			 demographics of Mobile and Baldwin Counties, applications will be accepted on a
			 first-come, first-served basis within each income tier, with priority given to
			 lower-income applicants so that the number of grants awarded will be allocated
			 according to the following approximate distribution:
Family Income as a % of CAMI or SMFI
% of Grants
<= 80%
50%
>80%
50%
(2) If
			 there are not enough applicants in any one income group, then that income
			 group's allocation may be used for other income groups.
(3) The relative percentages of family income
			 and the percent of grant allocations, as shown in the above chart, may be
			 adjusted from time to time as deemed appropriate by the Commissioner.
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17,
				  27-31E-2.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-159 - STRENGTHEN ALABAMA HOMES › Section 482-1-159-.04 - Grant Allocations

Current through Register Vol. 42, No. 9, June 28, 2024
(1) Where
			 the SAH program is made available, grant applications will be accepted on a
			 first-come, first-served basis.
(2)
			 The Commissioner of Insurance may establish projects as needed to establish a
			 sustainable distribution system of the program in any geographic area within
			 the State of Alabama.
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17,
				  27-31E-2.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-159 - STRENGTHEN ALABAMA HOMES › Section 482-1-159-.05 - Severability And Effective Date

Current through Register Vol. 42, No. 9, June 28, 2024
(1)
			 If any rule or portion of a rule or its applicability to any person or
			 circumstance is held invalid by any court, the remainder of this chapter or the
			 applicability of the provision to other persons or circumstances shall not be
			 affected.
(2) This chapter shall
			 become effective January 1, 2016, upon its approval by the Commissioner of
			 Insurance and upon its having been on file as a public document in the office
			 of the Secretary of State for ten days.
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17,
				  27-31E-2.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-159 - STRENGTHEN ALABAMA HOMES › Section 482-1-159-.06 - Contractor Eligibility Requirements

Current through Register Vol. 42, No. 9, June 28, 2024
To be eligible to work on the SAH program as a Contractor, the
				Contractor must meet all of the following program requirements and must
				maintain a current copy of all certificates, licenses and proof of insurance
				coverages with the program office:
(a)
			 The Contractor must hold a valid General Contractors license showing they are
			 either a "General Contractor" with a Building Contractor designation (BC) or a
			 Building Contractor under Four Stories (BCU4) designation, or an "Unlimited"
			 license or its successor issued by the Alabama Home Builder Licensure Board and
			 is free from all disciplinary action by the Board.
(b) The Contractor must hold any other valid
			 state or jurisdictional business license or work permits required by law in
			 Alabama.
(c) An in-force General
			 Liability policy with $1,000,000 in liability coverage.
(d) An in-force Workman's Compensation policy
			 with $1,000,000 in coverage.
(e) A
			 Certificate of Compliance from the State of Alabama Department of
			 Revenue.
(f) Contractor must
			 successfully complete Fortified Roof for High Wind and Hail and Hurricane
			 training provided by the Insurance Institute for Business and Home Safety
			 (IBHS) or its successor and provide a certificate of successful completion of
			 the training. The training may be offered as separate courses and the
			 contractor is responsible for paying all fees associated with the
			 training.
(g) Contractor must agree
			 to the terms and successfully register with the State of Alabama STAARS Vendor
			 Self Service (VSS) application and receive direct deposit of payment for
			 mitigation work performed under this program.
(h) Contractor must maintain internet access
			 and a valid email address on file with the SAH program and remain active in
			 STAARs while working on the program.
(i) Contractor must maintain an active email
			 address for the communication with the program.
(j) Contractor must successfully complete the
			 SAH program Training.
(k)
			 Contractors must agree to follow SAH program procedures, rules as established
			 by the Commissioner of Insurance.
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17,
				  27-31E-2; Ala. Act
				  2022-147.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-159 - STRENGTHEN ALABAMA HOMES › Section 482-1-159-.06 - Contractor Eligibility Requirements

Current through Register Vol. 42, No. 9, June 28, 2024
To be eligible to work on the SAH program as a Contractor, the
				Contractor must meet all of the following program requirements and must
				maintain a current copy of all certificates, licenses, and proof of insurance
				coverages with the program office:
(a)
			 The Contractor must hold a valid residential home builder's license without
			 limitation, which may be designated as "unlimited", or its successor issued by
			 the Alabama Home Builder Licensure Board. If the Contractor is a general
			 partnership, limited partnership, corporation, limited liability company, or
			 not-for-profit, the qualifying representative representing the contractor must
			 at all times be the same person designated as the contractor's qualifying
			 representative on the face of that contractor's license. The Contractor must be
			 free from all disciplinary action by the Board.
(b) The Contractor must hold any other valid
			 state or jurisdictional business license or work permit required by law in
			 Alabama.
(c) The Contractor and
			 each subcontractor used must independently provide proof of insurance with the
			 following minimum coverages:
(1) General
			 Liability policy with $1,000,000 per occurrence; $1,000,000 personal and
			 advertising injury; $2,000,000 aggregate; and $2,000,000 products/completed
			 operations aggregate;
(2)
			 Automobile Liability covering owned, non-owned, and hired automobiles with
			 $1,000,000 per occurrence;
(3)
			 Employer Liability with $1,000,000 per accident; $1,000,000 disease policy
			 limit; and $1,000,000 disease each employee;
(4) Umbrella Liability with $1,000,000 each
			 occurrence and aggregate; and
(5)
			 Contractors Errors & Omission Liability with $100,000 each occurrence and
			 aggregate.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-159 - STRENGTHEN ALABAMA HOMES › Section 482-1-159-.07 - Contractor Conflict Of Interest

Current through Register Vol. 42, No. 9, June 28, 2024
(1)
			 Contractors may not have a financial interest in any project for which they
			 perform work toward a Fortified designation other than for payment on behalf of
			 the homeowner by the SAH program.
(2) Contractors cannot be the Evaluator for a
			 Fortified designation on any project funded by the SAH program.
(3) It is the Contractors responsibility to
			 report to the SAH program of any potential conflicts of interest before work
			 commences on any job funded by the program.
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17,
				  27-31E-2; Ala. Act
				  2022-147.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-159 - STRENGTHEN ALABAMA HOMES › Section 482-1-159-.07 - Contractor Conflict Of Interest

Current through Register Vol. 42, No. 9, June 28, 2024
(1) Contractors may not have a financial
			 interest in any project for which they perform work toward a FORTIFIED
			 designation other than for payment on behalf of the homeowner by the SAH
			 program.
(2) Contractors cannot be
			 the Evaluator for a FORTIFIED designation on any project funded by the SAH
			 program.
(3) It is the Contractor's
			 responsibility to report to the SAH program any potential conflicts of interest
			 before work commences on any job funded by the program.
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17,
				  27-31E-2, & 27-31E-5.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-159 - STRENGTHEN ALABAMA HOMES › Section 482-1-159-.08 - Evaluator Eligibility Requirements

Current through Register Vol. 42, No. 9, June 28, 2024
To be eligible to work on the SAH program as an Evaluator, the
				Evaluator must meet all program eligibility requirements and must submit and
				maintain a copy of all current certificates, licenses to the program:
(a) The Evaluator must be in good standing
			 with the Insurance Institute for Business and Home Safety maintain an active
			 certification as a FORTIFIED Home Evaluator for Hurricane and High Wind and
			 Hail certificate or its successor.
(b) Must possess an Alabama Business
			 license.
(c) Must be registered
			 with Alabama Secretary of State.
(d) The Evaluator must provide us with a
			 Certificate of Compliance from the State of Alabama Department of
			 Revenue.
(e) The Evaluator must
			 successfully complete the SAH program training.
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17,
				  27-31E-2; Ala. Act
				  2022-147.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-159 - STRENGTHEN ALABAMA HOMES › Section 482-1-159-.08 - Evaluator Eligibility Requirements

Current through Register Vol. 42, No. 9, June 28, 2024
To be eligible to work on the SAH program as an Evaluator, the
				Evaluator must meet all program eligibility requirements, must submit and
				maintain a copy of all current certificates and licenses, and comply with the
				following:
(a) The Evaluator must be
			 in good standing with the Insurance Institute for Business and Home Safety
			 maintain an active certification as a FORTIFIED Home Evaluator for Hurricane
			 and High Wind and Hail certificate or its successor.
(b) Must possess an Alabama Business
			 license.
(c) Must be registered
			 with Alabama Secretary of State.
(d) The Evaluator must provide us with a
			 Certificate of Compliance from the State of Alabama Department of
			 Revenue.
(e) The Evaluator must
			 successfully complete the SAH program training.
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17,
				  27-31E-2, & 27-31E-5.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-159 - STRENGTHEN ALABAMA HOMES › Section 482-1-159-.09 - Evaluator Conflict Of Interest

Current through Register Vol. 42, No. 9, June 28, 2024
(1)
			 Evaluators may not have a financial interest in any project for which they
			 inspect for designation purposes for the SAH program (SAH).
(2) Evaluators cannot be a contractor or
			 supplier of any materials and/or products or systems installed in any home that
			 they inspection for designation purposes for the SAH program.
(3) Evaluators cannot be a sales agent for
			 any home being designated for the SAH program.
(4) Evaluators have a duty to inform the SAH
			 program of any potential conflicts of interest.
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17,
				  27-31E-2; Ala. Act
				  2022-147.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-159 - STRENGTHEN ALABAMA HOMES › Section 482-1-159-.09 - Evaluator Conflict Of Interest

Current through Register Vol. 42, No. 9, June 28, 2024
(1) Evaluators may not have a financial
			 interest in any project for which they inspect for designation purposes for the
			 SAH program (SAH).
(2) Evaluators
			 cannot be a contractor or supplier of any materials and/or products or systems
			 installed in any home that they inspection for designation purposes for the SAH
			 program.
(3) Evaluators cannot be a
			 sales agent for any home being designated for the SAH program.
(4) Evaluators have a duty to inform the SAH
			 program of any potential conflicts of interest.
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17,
				  27-31E-2, & 27-31E-5.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-160 - ADJUSTMENT OF CERTAIN FEES ACCORDING TO CHANGES IN THE CPI › Section 482-1-160-.01 - Purpose And Authority

Current through Register Vol. 42, No. 9, June 28, 2024
(1) The purpose
			 of this chapter is to set forth rules the Commissioner deems necessary to carry
			 out the provisions of
Code of Ala. 1975
, §
								41-1-11, permitting the increase
			 of certain fees by the percentage increase in the Consumer Price Index for all
			 urban consumers as published by the U.S. Department of Labor, Bureau of Labor
			 Statistics. Initially, the increase is to be calculated from the end of
			 December in the tenth year preceding the year in which the fee increase is to
			 be effective, or from the end of December in the last year the fee was
			 increased, whichever period is shorter, to the end of the month preceding the
			 month in which the fee increase is to be effective, rounded down to the nearest
			 dollar. Thereafter, every five years this process may be repeated for the
			 previous five years forward to the date of the requested change. The change may
			 not exceed an increase of two percent per year.
(2) This chapter is adopted pursuant to
Code of Ala. 1975
, §§
								27-2-17 and
			 41-1-11.
(3) This chapter shall become effective April
			 1, 2016, upon its approval by the Commissioner of Insurance and upon its having
			 been on file with the Legislative Reference Service for 35 days, subject to
			 review by the Joint Committee on Administrative Regulation Review.
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §
										27-2-17, Ala. Act No.
				  2015-441.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-160 - ADJUSTMENT OF CERTAIN FEES ACCORDING TO CHANGES IN THE CPI › Section 482-1-160-.02 - Service Contract Provider Fee

Current through Register Vol. 42, No. 9, June 28, 2024
The Commissioner of Insurance hereby sets the following fee as
				is declared necessary for the administration and enforcement of Chapter 32 of
				Title 8,
Code of Ala. 1975
, relating to the regulation
				of service contracts sold to consumers in this state, adjusted according to
Code of Ala. 1975
, §
								41-1-11:
(a) Service Contract Provider registration
			 fee, initial and annual renewal...............................
			 $264.00
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17,
				  8-32-3,
				  8-32-11, Ala. Act No.
				  2015-441.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-160 - ADJUSTMENT OF CERTAIN FEES ACCORDING TO CHANGES IN THE CPI › Section 482-1-160-.03 - Premium Finance Company Fees

Current through Register Vol. 42, No. 9, June 28, 2024
The Commissioner of Insurance hereby sets the following fees
				as are declared necessary for the administration and enforcement of Chapter 40
				of Title 27,
Code of Ala. 1975
, relating to the
				regulation of premium finance companies, adjusted according to
Code
				of Ala. 1975
, §
								41-1-11:
(a) Annual license fee,
			 generally............. $264.00
(b)
			 Annual license fee, for an insurance agency which finances its own business of
			 less than $150,000.00 in premiums annually
			 ........................................... $66.00
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17,
				  27-40-3,
				  27-40-7, Ala. Act No.
				  2015-441.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-160 - ADJUSTMENT OF CERTAIN FEES ACCORDING TO CHANGES IN THE CPI › Section 482-1-160-.04 - Insurance Fraud Unit Assessment Fee

Current through Register Vol. 42, No. 9, June 28, 2024
The Commissioner of Insurance hereby sets the following
				assessment fee as is declared necessary for the administration and enforcement
				of Article 3 of Chapter 12A of Title 27,
Code of Ala.
				1975
, relating to the Insurance Fraud Unit, adjusted according to
Code of Ala. 1975
, §
								41-1-11:
(a) Annual Fraud Unit assessment fee, as set
			 forth in
Code of Ala. 1975
, §
								27-12A-41............................
			 $240.00
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17,
				  27-12A-41,
				  41-1-11.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-161 - ADOPTION OF VALUATION MANUAL › Section 482-1-161-.01 - Purpose, Authority, And Effective Date

Current through Register Vol. 42, No. 9, June 28, 2024
(1) This chapter is adopted pursuant to
Code of Ala. 1975
, §§
								27-2-17,
			 27-7-43, and
			 27-36A-15.
(2) The purpose of this chapter is to
			 formally adopt the most recent changes to the Valuation Manual adopted by the
			 NAIC as specified in Chapter 36A of Title 27,
Code of Ala.
			 1975
, in accordance with
Code of Ala.
			 1975
, § 7-36A-15.
(3) For purposes of this chapter, "Valuation
			 Manual" shall have the meaning ascribed in
Code of Ala.
			 1975
, §
								27-36A-2.
(4) This chapter shall be effective January
			 1, 2017, upon its approval by the Commissioner of Insurance and upon its having
			 been on file as a public document in the office of the Secretary of State for
			 ten days.
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17, 27-3 6A-15.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-161 - ADOPTION OF VALUATION MANUAL › Section 482-1-161-.02 - Determination Of Operative Date Of Valuation Manual

Current through Register Vol. 42, No. 9, June 28, 2024
(1) The Commissioner of Insurance hereby
			 makes the following determination:
(a) The
			 valuation manual was adopted by the NAIC on December 2, 2012, by an affirmative
			 vote of forty-three (43) members, representing over three-fourths of the
			 members voting.
(b) The Standard
			 Valuation Law, as amended by the NAIC in 2009, or legislation including
			 substantially similar terms and conditions, has been enacted by states
			 representing over 79.5% of the direct premiums written as reported in the
			 following annual statements submitted in 2008: Life, accident and health annual
			 statements; health annual statements; or fraternal annual statements.
(c) The Standard Valuation Law, as amended by
			 the NAIC in 2009, or legislation including substantially similar temls and
			 conditions, has been enacted by 45 states.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-161 - ADOPTION OF VALUATION MANUAL › Section 482-1-161-.03 - Adoption Of 2017 Version Of Valuation Manual

Current through Register Vol. 42, No. 9, June 28, 2024
In accordance with Section
				27-36A-15, the Valuation Manual,
				as revised by the National Association of Insurance Commissioners in 2016, is
				hereby adopted for this state to become effective January 1,
				2017.
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17, 27-3 6A-15.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-161 - ADOPTION OF VALUATION MANUAL › Section 482-1-161-.04 - Adoption Of 2018 Version Of Valuation Manual

Current through Register Vol. 42, No. 9, June 28, 2024
In accordance with Section
				27-36A-15, the Valuation Manual,
				as revised by the National Association of Insurance Commissioners in 2017, is
				hereby adopted for this state to become effective January 1,
				2018.
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17,
				  27-7-43,
				  27-36A-15.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-161 - ADOPTION OF VALUATION MANUAL › Section 482-1-161-.05 - Adoption Of 2019 Version Of Valuation Manual

Current through Register Vol. 42, No. 9, June 28, 2024
In accordance with Section
				27-36A-15, the Valuation Manual,
				as revised by the National Association of Insurance Commissioners in 2017, is
				hereby adopted for this state to become effective January 1,
				2019.
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17,
				  27-7-43,
				  27-36A-15.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-161 - ADOPTION OF VALUATION MANUAL › Section 482-1-161-.06 - Adoption of 2020 Version of Valuation Manual

Current through Register Vol. 42, No. 9, June 28, 2024
In accordance with Section
				27-36A-15, the Valuation Manual,
				as revised by the National Association of Insurance Commissioners in 2019, is
				hereby adopted for this state to become effective January 1,
				2020.
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17, 27-3 6A-15.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-161 - ADOPTION OF VALUATION MANUAL › Section 482-1-161-.07 - Adoption of 2021 Version of Valuation Manual

Current through Register Vol. 42, No. 9, June 28, 2024
In accordance with Section
				27-36A-15, the Valuation Manual,
				as revised by the National Association of Insurance Commissioners in 2020, is
				hereby adopted for this state to become effective January 1,
				2021.
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17, 27-3 6A-15.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-161 - ADOPTION OF VALUATION MANUAL › Section 482-1-161-.08 - Adoption Of 2022 Version of Valuation Manual

Current through Register Vol. 42, No. 9, June 28, 2024
In accordance with Section
				27-36A-15, the Valuation Manual,
				as revised by the National Association of Insurance Commissioners in 2021, is
				hereby adopted for this state to become effective January 1, 2022
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17,
				  27-36A-15.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-161 - ADOPTION OF VALUATION MANUAL › Section 482-1-161-.09 - Adoption Of 2023 Version Of Valuation Manual

Current through Register Vol. 42, No. 9, June 28, 2024
In accordance with Section
				27-36A-15, the Valuation Manual,
				as revised by the National Association of Insurance Commissioners in 2022, is
				hereby adopted for this state to become effective January 1, 2023.
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17,
				  27-36A-15.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-161 - ADOPTION OF VALUATION MANUAL › Section 482-1-161-.10 - Adoption of 2024 Version of Valuation Manual

Current through Register Vol. 42, No. 9, June 28, 2024
In accordance with Ala. Code §
								27-36A-15, the Valuation Manual,
				as revised by the National Association of Insurance Commissioners in 2023, is
				hereby adopted for this state to become effective January 1,
				2024.
Rule is not subject to the Alabama Administrative Procedure
				  Act.
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17,
				  27-36A-15.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-162 - VEHICLE PROTECTION PRODUCT REGISTRATION FEES › Section 482-2-162-.01 - Vehicle Protection Product Registration Fees

Current through Register Vol. 42, No. 9, June 28, 2024
The Commissioner of Insurance h ereby sets the following fees
				as declared necessary for the administration and enforcement of Chapter 33 of
				Title 8, Code of Alabama 1975, relating to processing the registration and
				maintaining records of persons filing registration as vehicle protection
				product warrantor:
(a)
Initial registration.
$250.00
(b)
Annual renewal of
						registration.
$250.00
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17,
				  8-33-4,
				  8-33-12.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-163 - VALUE -ADDED SERVICE OR PRODUCT › Section 482-1-163-.01 - Purpose, Scope, And Authority

Current through Register Vol. 42, No. 9, June 28, 2024
(1)
			 The purpose of this chapter is to set forth the view of the Alabama
			 Commissioner of Insurance and the Department of Insurance about whether a
			 Value-Added Service or Product, as defined in this chapter, constitutes an
			 inducement for insurance or an annuity, a rebate, or any other impermissible
			 consideration, as those terms are used in
Code of Ala.
			 1975
, §§
								27-12-12 and
			 27-12-14.
(2) This chapter is adopted pursuant to
Code of Ala. 1975
, §§
								27-2-17,
			 27-12-12, and
			 27-12-14.
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17,
				  27-12-12, 7-12-14.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-163 - VALUE -ADDED SERVICE OR PRODUCT › Section 482-1-163-.02 - Definition Of Value-Added Service Or Product

Current through Register Vol. 42, No. 9, June 28, 2024
(1) For purposes of this chapter, a
			 Value-Added Service or Product meets the following criteria:
(a) The service or product is intended to
1. mitigate loss or provide loss control,
			 or
2. assess risk, identify sources
			 of risk, or develop strategies for eliminating or reducing those risks;
			 or
3. has a nexus to or enhances
			 the value of the insurance product.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-163 - VALUE -ADDED SERVICE OR PRODUCT › Section 482-1-163-.03 - Treatment Of A Value-Added Service Or Product

Current through Register Vol. 42, No. 9, June 28, 2024
A Value-Added Service or Product is not considered by the
				Commissioner of Insurance or the Department of Insurance to be an inducement
				for insurance or an annuity, it is not a rebate, nor is it any other
				impermissible consideration, as those terms are used in
Code of
				Ala. 1975
, §§
								27-12-12 and
				27-12-14.
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17,
				  27-12-12, 7-12-14.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-163 - VALUE -ADDED SERVICE OR PRODUCT › Section 482-1-163-.04 - Severability And Effective Date

Current through Register Vol. 42, No. 9, June 28, 2024
(1)
			 If any rule or portion of a rule or its applicability to any person or
			 circumstance is held invalid by any court, the remainder of this chapter or the
			 applicability of the provision to other persons or circumstances shall not be
			 affected.
(2) This chapter shall
			 become effective September 1, 2019, upon its approval by the Commissioner of
			 Insurance and upon its having been on file as a public document in the office
			 of the Secretary of State for ten days.
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17,
				  27-12-12, 7-12-14.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-164 - PHARMACY BENEFIT MANAGERS › Section 482-1-164-.01 - Purpose, Scope, Authority, Severability, And Effective Date

Current through Register Vol. 42, No. 9, June 28, 2024
(1) The purposes of
			 this chapter are to set forth rules and procedural requirements the
			 Commissioner deems necessary to carry out the provisions of Chapter 45A of the
			 Alabama Insurance Code, as amended by Alabama Act No. 2021-341, as follows:
(a) To provide for the licensing of pharmacy
			 benefits managers.
(b) To provide
			 for the renewal of licenses of pharmacy benefits managers.
(c) To provide for the suspension or
			 revocation of license of a pharmacy benefits manager and to set the penalties
			 and fines for violations.
(d) To
			 provide for the transition of licenses for pharmacy benefits managers licensed
			 prior to January 1, 2022.
(e) To
			 provide a fee schedule to allow the regulation and oversight activities of the
			 Department to be self-supporting.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-164 - PHARMACY BENEFIT MANAGERS › Section 482-1-164-.02 - Definitions

Current through Register Vol. 42, No. 9, June 28, 2024
Unless the context otherwise requires, terms found in this
				chapter are used as defined in the Law. The following terms are defined for
				purposes of this chapter:
(a)
			 LICENSEE. A pharmacy benefits manager licensed in accordance with this
			 chapter.
(b) THE DEPARTMENT. The
			 Alabama Department of Insurance.
(c) THE LAW. Chapter 45A of the Alabama
			 Insurance Code, beginning with
Code of Ala. 1975
,
			 §
								27-45A-1, as amended by Alabama
			 Act No. 2021-341.
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17,
				  27-45A-4,
				  27-45A-5, Act 2021-341, Ala. Act
				  2019-457.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-164 - PHARMACY BENEFIT MANAGERS › Section 482-1-164-.03 - Pharmacy Benefits Manager License

Current through Register Vol. 42, No. 9, June 28, 2024
(1) A person may be issued a license as a
			 pharmacy benefits manager in accordance with the following:
(a) An applicant shall complete the
			 Department's on-line licensing process to become licensed as a pharmacy
			 benefits manager.
(b) Issuance of
			 an Alabama pharmacy benefits manager license to a foreign- domiciled business
			 entity does not in itself satisfy any applicable Alabama constitutional or
			 statutory requirements that may require the entity to qualify through or
			 register with the Alabama Secretary of State in order to lawfully do business
			 in Alabama.
(c) The applicant must
			 identify at least one individual designated as the primary contact for the
			 licensee with the Department.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-164 - PHARMACY BENEFIT MANAGERS › Section 482-1-164-.04 - Renewal Of Pharmacy Benefits Manager License

Current through Register Vol. 42, No. 9, June 28, 2024
(1) All pharmacy benefits managers licensed
			 in the State of Alabama are required to complete an application for license
			 renewal with the Department according to the schedule set forth in this rule,
			 which shall include the payment of an annual license renewal fee in the amount
			 determined in Rule
			 482-1-164-.06.
(2) Notice is hereby given that beginning on
			 or about November 1 of each year, licensees can access the Department's Web
			 site for the purpose of completing their application for license
			 renewal.
(3) All licensees shall
			 complete an application for license renewal on the Department's Web site prior
			 to license expiration, to include payment of the license renewal fee.
(4) Renewal is not complete until receipt of
			 a properly completed renewal form, any supporting documentation, and payment of
			 the correct renewal fee.
(5)
			 Failure to timely complete renewal as described in paragraph (4) may result in
			 delayed renewal or nonrenewal, in addition to potential violations if the
			 pharmacy benefits manager provides services without being licensed.
(6) Unless renewed in accordance with this
			 rule, a pharmacy benefits manager license shall expire on December
			 31.
(7) Licensees will receive
			 notice of approval of the renewal process and instructions to print the renewal
			 license.
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17,
				  27-45A-4,
				  27-45A-5, Act 2021-341, Ala. Act
				  2019-457.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-164 - PHARMACY BENEFIT MANAGERS › Section 482-1-164-.05 - Compliance

Current through Register Vol. 42, No. 9, June 28, 2024
(1) Every pharmacy
			 benefits manager subject to this chapter shall be licensed in accordance with
			 Rule 482-164-.03 and, so long as the pharmacy benefits manager continues to be
			 subject to this chapter, shall complete an application for license renewal in
			 accordance with Rule
			 482-1-164-.04.
(2) The license of any pharmacy benefits
			 manager failing to complete the application for license renewal as specified in
			 Rule 482-1-164-.04 will expire as
			 indicated in paragraph (6) of Rule
			 482-1-164-.04.
(3) Any pharmacy benefits manager conducting
			 business in the State of Alabama on or after January 1, 2022, without being
			 licensed in accordance with this chapter in violation of
Code of
			 Ala. 1975
, §
								27-45A-4, as amended by Alabama
			 Act No. 2021-341, shall be subject to a fine in the amount of $1,000 per day of
			 operating in violation of the Law, as authorized in subsection (i) of
Code of Ala. 1975
, §
								27-45A-4, as amended by Alabama
			 Act No. 2021-341.
(4) Any licensee
			 violating any provision of the Law, including, but not limited to, §§
								27-45A-8,
			 27-45A-9,
			 27-45A-10, and 27-45A-l 1, may be
			 subject to a civil penalty, or the license may be suspended or revoked, as
			 provided in subsection (i) of §27-45A4, as amended by Alabama Act No.
			 2021-341. Licensees may request a hearing in accordance with §§
								27-2-28, et seq., and according to
			 the rules set forth in Chapter 482-1-065 and may appeal as set forth in §
								27-2-32.
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17,
				  27-45A-4,
				  27-45A-5, Act 2021-341, Ala. Act
				  2019-457.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-164 - PHARMACY BENEFIT MANAGERS › Section 482-1-164-.06 - Fee Schedule

Current through Register Vol. 42, No. 9, June 28, 2024
(1) The renewal
			 and oversight activities over licensees by the Department must be
			 self-supporting as required in paragraph (4) of subsection (c) of
Code of Ala. 1975
, §
								27-45A-4, as amended by Alabama
			 Act No. 2021-341. Each licensee must contribute a sufficient amount to the
			 Department to pay the reasonable costs, including overhead, of regulating
			 licensees.
(2) The initial license
			 fee for all pharmacy benefits managers is $500.
(3) For the renewal fee, the Commissioner
			 will charge the proportionate share of the annual cost of renewal and oversight
			 activities to all licensees. A licensee's proportionate share shall be based on
			 its Alabama state annual gross pharmacy benefit manager business income for the
			 previous calendar year. The minimum renewal fee is $500.
(4) No later than July 1 of each year,
			 licensees must report their Alabama state annual gross pharmacy benefit manager
			 business income for the previous calendar year on a form prescribed by the
			 Commissioner. This report should be marked confidential by the licensee and
			 will be held by the Commissioner as confidential and not subject to public
			 inspection in accordance with subsection (k) of §
								27-45A-4.
(5) On or before November 1 of each year, the
			 Commissioner will calculate and set the renewal fees for the ensuing renewal
			 year.
(6) If an unexpended balance
			 of pharmacy benefits manager license and renewal funds remain in the
			 Department's Insurance Department Fund at the close of a fiscal year, the
			 Department will carry the unexpended funds forward and use them to reduce
			 future renewal fees.
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17,
				  27-45A-4,
				  27-45A-5, Act 2021-341, Ala. Act
				  2019-457.
Alabama Administrative Code › Title 482 - ALABAMA DEPARTMENT OF INSURANCE › Chapter 482-1-164 - PHARMACY BENEFIT MANAGERS › Section 482-1-164-.07 - Transitory Provisions

Current through Register Vol. 42, No. 9, June 28, 2024
(1) In
			 order to accommodate the provisions of Section 4 of Alabama Act No. 2021-341
			 providing a transition from pharmacy benefits managers licensed prior to
			 January 1, 2022, all licensees issued a pharmacy benefits manager license prior
			 to January 1, 2022, must submit a new application for pharmacy benefits manager
			 license in accordance with Rule
			 482-1-164-.03.
(2) Any pharmacy benefits license issued
			 prior to January 1, 2022, expires in accordance with Section 4 of Alabama Act
			 No. 2021-341 on the earlier of:
(3)
			 The date a new pharmacy benefits manager license is issued April 1,
			 2022.
Author:
Commissioner of Insurance
Statutory Authority:
Code of Ala.
				  1975
, §§
										27-2-17,
				  27-45A-4,
				  27-45A-5, Act 2021-341, Ala. Act
				  2019-457.