Code of Alabama
Chapter 14 - The Insurance Contract.
Section 27-14-15 - Underwriters' and Combination Policies.

(a) Two or more authorized insurers may jointly issue, and shall be jointly and severally liable on, an underwriters' policy bearing their names. Any one insurer may issue policies in the name of an underwriter's department, and such policy shall plainly show the true name of the insurer.
(b) Two or more insurers may issue a combination policy which shall contain provisions substantially as follows:
(1) That the insurers executing the policy shall be severally liable for the full amount of any loss or damage, according to the terms of the policy, or for specified percentages or amounts thereof, aggregating the full amount of insurance under the policy; and
(2) That service of process, or of any notice or proof of loss required by such policy, upon any of the insurers executing the policy, shall constitute service upon all such insurers.
(c) This section shall not apply to cosurety obligations.

Structure Code of Alabama

Code of Alabama

Title 27 - Insurance.

Chapter 14 - The Insurance Contract.

Section 27-14-1 - Definitions.

Section 27-14-2 - Applicability of Chapter.

Section 27-14-3 - Insurable Interest - Personal Insurance; Preneed Contracts.

Section 27-14-4 - Insurable Interest - Property Insurance.

Section 27-14-5 - Power to Contract; Purchase of Insurance by or for Minors.

Section 27-14-6 - Application for Policy - Requirement; Reliance by Insurer; Admissibility Into Evidence; Alterations.

Section 27-14-7 - Application for Policy - Representations and Misrepresentations, Etc.

Section 27-14-8 - Forms - Filing and Approval or Disapproval.

Section 27-14-9 - Forms - Grounds for Disapproval or Withdrawal of Previous Approval.

Section 27-14-10 - Standard or Uniform Provisions; Waiver or Substitution Thereof.

Section 27-14-11 - Contents of Policies - Generally.

Section 27-14-11.1 - Contents of Policies - Denial or Reduction of Benefits Due to Medicaid Eligibility Void.

Section 27-14-12 - Contents of Policies - Additional Provisions.

Section 27-14-13 - Charter, Bylaws, etc., of Insurer as Part of Contract.

Section 27-14-14 - Execution of Policies.

Section 27-14-15 - Underwriters' and Combination Policies.

Section 27-14-16 - Noncomplying Policies, Riders, and Endorsements.

Section 27-14-17 - Construction of Policies.

Section 27-14-18 - Binders.

Section 27-14-19 - Delivery of Policies.

Section 27-14-19.1 - Electronic Delivery of Property or Casualty Insurance Policy.

Section 27-14-20 - Renewal or Extension of Policies.

Section 27-14-21 - Assignment of Policies.

Section 27-14-22 - Situs of Contracts.

Section 27-14-23 - Effect of War on Contracts of Foreign Insurer.

Section 27-14-24 - Effect of Payments.

Section 27-14-25 - Receipt and Giving of Acquittance and Discharge for Payment by Minors.

Section 27-14-26 - Forms for Proof of Loss.

Section 27-14-27 - Acts Not Deemed Waiver of Provisions or Defenses.

Section 27-14-28 - Effect of Misrepresentations in Proof of Loss.

Section 27-14-29 - Rights of Beneficiaries, etc., Under Life Insurance Policies Against Creditors, Etc.

Section 27-14-30 - Right to Proceeds When Same Retained by Life Insurer.

Section 27-14-31 - Exemption From Debt of Proceeds - Disability.

Section 27-14-32 - Exemption From Debt of Proceeds - Annuity Contracts.