Alabama Administrative Code
Title 482 - ALABAMA DEPARTMENT OF INSURANCE
Chapter 482-1-009 - INDUSTRIAL FIRE INSURANCE POLICIES
Section 482-1-009-.01 - Industrial Fire Insurance Defined
Universal Citation: AL Admin Code R 482-1-009-.01
Current through Register Vol. 42, No. 5, February 29, 2024
Industrial fire insurance 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.
Author: John Davis, Associate Counsel
Statutory Authority: Code of Ala. 1975, §§ 27-2-17, 27-22-2.
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