Every rating organization, and every insurer which does its own rate-making, shall provide reasonable means within this state, to be approved by the department, whereby any person, or persons, affected by rate made by it may be heard on an application to reduce such rate. If such rating organization or such insurer shall refuse to reduce such rate, the person or persons affected thereby may make a like application to the commissioner within 30 days after receipt of notice in writing that the application for reduction of rate has been denied by such rating organization or by such insurer. If, upon the expiration of 20 days after application for the reduction of a rate, such rating organization or such insurer fails to grant or reject the application, the person, or persons, affected may make the application to the commissioner in the same manner as if the application had been rejected by such rating organization or by such insurer. The commissioner shall fix a time and place for hearing on such application, upon not less than 10 days' notice by registered or certified mail, for the applicant and such rating organization or such insurer to be heard. The commissioner shall make such order as he shall deem just and lawful upon the evidence placed before him at such hearing.
Structure Code of Alabama
Chapter 13 - Rates and Rating Organizations.
Article 2 - Fire, etc., and Inland Marine Insurance.
Section 27-13-20 - Definitions.
Section 27-13-21 - Applicability of Article - Generally.
Section 27-13-22 - Applicability of Article - Inland Marine Insurance.
Section 27-13-23 - Applicability of Article - Exemptions.
Section 27-13-25 - Rating Organizations - Provisions for Insurers to Become Members or Subscribers.
Section 27-13-27 - Rate-Making and Making Rating Systems.
Section 27-13-28 - Annual Statistical Reports of Insurers.
Section 27-13-29 - Filing of Rating Systems With Department by Insurers - Requirement.
Section 27-13-31 - Survey of Risks Rated Upon Schedule.
Section 27-13-32 - Hearings on Applications to Reduce Rates.
Section 27-13-33 - Applications for Uniform Percentage Increase or Decrease of Rates by Insurers.
Section 27-13-34 - Approval of Rates and Forms for Insuring Special Types or Classes of Risks.
Section 27-13-37 - Alteration, Supplementation, and Amendment of Rating Systems.
Section 27-13-38 - Prohibition Against Premiums Not in Accord With Approved Rating Systems.
Section 27-13-39 - False or Misleading Information Concerning Rates.
Section 27-13-40 - Suspension of License or Certificate of Authority.
Section 27-13-41 - Order Revoking or Suspending Licenses.
Section 27-13-42 - Notices, Hearings, and Orders by Commissioner.
Section 27-13-43 - Review of Final Orders of Commissioner.