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-.02 - Definitions
Universal Citation: AL Admin Code R 482-1-157-.02
Current through Register Vol. 42, No. 11, August 30, 2024
The following definitions shall apply in this chapter:
(1) APPLICABLE APPLICATION. Any of the following:
(a) An initial application for a
resident license as insurance producer for any major line of
authority.
(b) An application for
resident license as insurance producer for an additional major line of
authority.
(c) An application for
resident license as an independent insurance adjuster.
(d) An application for license as an
independent insurance adjuster by a non-resident who is designating Alabama as
his or her home state.
(e) An
application for an additional line of authority as independent insurance
adjuster by either a resident licensee or non-resident licensee who has
designed Alabama as his or her home state.
(2) MAJOR LINE OF AUTHORITY. The following lines of authority as defined in Code of Ala. 1975, § 27-7-14.1 (2013): Life; Accident and Health or Sickness, commonly known as Disability; Property; Casualty; Variable Life and Variable Annuity Products; Personal Lines; and Bail Bond.
Author: Commissioner of Insurance
Statutory Authority: Code of Ala. 1975, §§ 27-2-17.
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