Ala. Admin. Code r. 482-1-102-.04 - Filing Requirements

(1) Each domestic, foreign and alien insurer who is authorized to transact insurance in this state shall annually on or before March 1 of each year, file with the National Association of Insurance Commissioners (NAIC), and pay the fee established by the NAIC for filing, review or processing of the information, a copy of its annual statement convention blank, along with such additional filings as prescribed by the Commissioner for the preceding year. The information filed with the NAIC shall be in the same format and scope as that required to be filed with this department and shall include the signed jurat page and the actuarial certification. Any amendments and addendums to the annual statement filing subsequently filed with this department shall also be filed with the NAIC.

(2) Foreign insurers that are domiciled in a state which has a requirement substantially similar to Paragraph (1) of this chapter shall be deemed in compliance with this rule.

Author: Commissioner of Insurance

Notes

Ala. Admin. Code r. 482-1-102-.04

New: July 5, 1994; effective July 15, 1994. Filed for codification in the Alabama Administrative Code by the Department of Insurance on November 14, 2005, pursuant to the Code of Ala. 1975, § 27-7-43.

Statutory Authority: Code of Ala. 1975, §§ 27-2-17, 27-3-26.