Alabama Administrative Code
Title 482 - ALABAMA DEPARTMENT OF INSURANCE
Chapter 482-1-101 - STANDARDS FOR DETERMINING HAZARDOUS FINANCIAL CONDITION
Section 482-1-101-.01 - Purpose
Universal Citation: AL Admin Code R 482-1-101-.01
Current through Register Vol. 42, No. 11, August 30, 2024
The purpose of this chapter is to set forth the standards which the Commissioner may use for identifying insurers found to be in such condition as to render the continuance of their business hazardous to their policyholders, creditors or the general public. This chapter shall not be interpreted to limit nor expand the powers granted the Commissioner by any laws or parts of laws of this state, nor shall this chapter be interpreted to supersede any laws or parts of laws of this state.
Author: Commissioner of Insurance
Statutory Authority: Code of Ala. 1975, § 27-2-17, 27-2-33, 27-3-21, 27-21A-17, 27-32-1, et seq.
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