Alabama Administrative Code
Title 482 - ALABAMA DEPARTMENT OF INSURANCE
Chapter 482-1-123 - RATES AND FORMS FILING REQUIREMENTS FOR PROPERTY AND CASUALTY INSURANCE
Section 482-1-123-.04 - Establishment Of Systems For Filing Of Rates And Forms
Universal Citation: AL Admin Code R 482-1-123-.04
Current through Register Vol. 42, No. 11, August 30, 2024
(a) Property and Casualty insurance, commercial lines.
(1) Generally. All rates and
forms filings for the commercial lines of property and casualty insurance
(other than workers compensation, medical malpractice, and any other type
coverage involving a rate increase of 10% or more) shall be according to the
File and Use System.
(2) All rates
and forms filings for workers compensation coverage and medical malpractice
shall be according to the Prior Approval System.
(3) All rate filings seeking an overall rate
increase of 10% or more shall be according to the Prior Approval
System.
(b) Property and Casualty insurance, personal lines. All rates and forms filings for the personal lines of property and casualty insurance shall be according to the Prior Approval System.
Author: Elizabeth Bookwalter, Associate Counsel
Statutory Authority: Code of Ala. 1975, §§ 27-2-17, 27-13-4, 27-13-30, 27-13-68, 27-14-8.
Disclaimer: These regulations may not be the most recent version. Alabama may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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