Alabama Administrative Code Chapter 482-1-090 — Examination Expenses of Rule, Rate or Form Filings by Rate-Making Organizations

482 Alabama Department of Insurance

Ala. Admin. Code r. 482-1-090-.01 Authority

This chapter is made and promulgated by the undersigned Commissioner of Insurance pursuant to the authority set forth in Section 27-2-17, Code of Ala. 1975.

History

• Author: Commissioner of Insurance
• Authority: Code of Ala. 1975, §§27-2-17, 27-13-1, et seq.
• New Rule: July 26, 1990; effective August 15, 1990. Filed for codification in the Alabama Administrative Code by the Department of Insurance on July 5, 2005, pursuant to the Code of Ala. 1975, §27-7-43.

Ala. Admin. Code r. 482-1-090-.02 Purpose

This chapter is intended to implement and augment the provisions of Sections 27-13-1, et seq., Code of Ala. 1975.

History

• Author: Commissioner of Insurance
• Authority: Code of Ala. 1975, §§27-2-17, 27-13-1, et seq.
• New Rule: July 26, 1990; effective August 15, 1990. Filed for codification in the Alabama Administrative Code by the Department of Insurance on July 5, 2005, pursuant to the Code of Ala. 1975, §27-7-43.

Ala. Admin. Code r. 482-1-090-.03 Applicability And Scope

This chapter is to authorize the payment of examination expenses incurred by the consulting actuaries employed by the Department in the review of rule, rate or form filings by rate-making organizations. These expenses are to be paid by the rate-making organization in the same manner as if the organization was an insurance company.

History

• Author: Commissioner of Insurance
• Authority: Code of Ala. 1975, §§27-2-17, 27-13-1, et seq.
• New Rule: July 26, 1990; effective August 15, 1990. Filed for codification in the Alabama Administrative Code by the Department of Insurance on July 5, 2005, pursuant to the Code of Ala. 1975, §27-7-43.

Ala. Admin. Code r. 482-1-090-.04 Effective Date

This chapter shall become effective ten (10) days from the date of certification that the properly executed chapter was delivered to the Secretary of State.

History

• Author: Commissioner of Insurance
• Authority: Code of Ala. 1975, §§27-2-17, 27-13-1, et seq.
• New Rule: July 26, 1990; effective August 15, 1990. Filed for codification in the Alabama Administrative Code by the Department of Insurance on July 5, 2005, pursuant to the Code of Ala. 1975, §27-7-43.