(a) If he has reason to believe that any such person has violated or is violating any provision of this title or upon complaint by any resident of this state indicating that any such violation may exist, the commissioner may examine the accounts, records, documents, and transactions pertaining to or affecting the insurance affairs of any:
(1) General agent, agent, broker, surplus line broker, solicitor, or adjuster;
(2) Person having a contract or power of attorney under which he enjoys in fact the exclusive or dominant right to manage or control an insurer; or
(3) Person engaged in or proposing to be engaged in or assisting in the promotion or formation of a domestic insurer, insurance holding corporation, or corporation to finance a domestic insurer or the production of its business.
(b) The commissioner may examine the insurance affairs and transactions of the attorney-in-fact of a reciprocal insurer in the same manner and on the same basis as examination of such an insurer.
(c) When he deems it necessary for determination of the value of such securities or compliance with any provision of this title, the commissioner may, in his discretion, examine the transactions and affairs of any corporation of which a domestic insurer owns shares of stock or other securities under which it has, or effectively participates in, the control of such corporation.
Structure Code of Alabama
Chapter 2 - Department and Commissioner of Insurance.
Article 1 - General Provisions.
Section 27-2-1 - Department of Insurance.
Section 27-2-2 - Commissioner of Insurance - Appointment; Term; Qualifications.
Section 27-2-3 - Commissioner of Insurance - Oath; Bond.
Section 27-2-4 - Commissioner of Insurance - Salary; Duty Generally.
Section 27-2-5 - Commissioner of Insurance - Official Seal.
Section 27-2-6 - Commissioner of Insurance - Offices.
Section 27-2-7 - Commissioner of Insurance - Powers and Duties.
Section 27-2-7.1 - Commissioner of Insurance - Hearings on Automobile Insurance Rate Increases.
Section 27-2-8 - Commissioner of Insurance - Delegation of Powers, Etc.
Section 27-2-9 - Commissioner of Insurance - Annual Report.
Section 27-2-11 - Assignment of Assistant Attorney General.
Section 27-2-12 - Travel Expenses.
Section 27-2-13 - Conflicts of Interest; Additional Compensation, Etc.
Section 27-2-14 - Records, Documents, and Files - Custody; Inspection; Reproduction; Destruction.
Section 27-2-15 - Records, Documents, and Files - Use as Evidence.
Section 27-2-16 - Publication of Materials Relating to Insurance.
Section 27-2-17 - Rules and Regulations.
Section 27-2-17.1 - Regulations to Provide for Biennial Renewal of Licenses.
Section 27-2-18 - Orders and Notices of Commissioner.
Section 27-2-19 - Enforcement of Insurance Code.
Section 27-2-20 - Examinations - Power Generally.
Section 27-2-21 - Examinations - Affairs, etc., of Insurers and Surplus Line Brokers.
Section 27-2-22 - Examinations - Examiners.
Section 27-2-23 - Examinations - How Conducted.
Section 27-2-24 - Examinations - Report; Confidentiality of Information.
Section 27-2-25 - Examinations - Expenses.
Section 27-2-26 - Witnesses and Evidence for Examination, Investigation or Hearing - Generally.
Section 27-2-28 - Hearings - Power to Hold.
Section 27-2-29 - Hearings - Notice.
Section 27-2-30 - Hearings - How Conducted.
Section 27-2-31 - Hearings - Order.
Section 27-2-32 - Hearings - Appeals.
Section 27-2-33 - Order of Supervision - Authority of Commissioner; Reasons for Issuance.
Section 27-2-35 - Order of Supervision - Withdrawal of Order; Duration of Order.
Section 27-2-37 - Order of Supervision - Form and Content; Appeal.
Section 27-2-38 - Order of Supervision - Notice and Hearing as to Issuance.
Section 27-2-39 - Creation of Insurance Department Fund; Payment of Fees, Etc.