Code of Alabama
Chapter 2B - Risk-Based Capital for Insurers.
Section 27-2B-1 - Short Title.

This chapter shall be known as the Alabama Risk-Based Capital (RBC) for Insurers Act.

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Structure Code of Alabama

Code of Alabama

Title 27 - Insurance.

Chapter 2B - Risk-Based Capital for Insurers.

Section 27-2B-1 - Short Title.

Section 27-2B-2 - Definitions.

Section 27-2B-3 - Preparation and Submission of Rbc Report; Formulas; Desirability of Excess Capital; Adjustment of Inaccurate Rbc Report.

Section 27-2B-4 - Company Action Level Event; Preparation and Submission of Rbc Plan or Revised Rbc Plan; Notification of Unsatisfactory Filing; Copies of Plans.

Section 27-2B-5 - Regulatory Action Level Event; Commissioner's Duties; Determination of Corrective Actions; Retention of Consultants.

Section 27-2B-6 - Authorized Control Level Event; Commissioner's Duties.

Section 27-2B-7 - Mandatory Control Level Event; Commissioner's Duties.

Section 27-2B-8 - Right to Departmental Hearing; Notification of Request for Hearing.

Section 27-2B-9 - Confidentiality of Reports and Plans; Information Sharing Agreements; Publication of Rbc Levels Prohibited; Use of Reports and Plans by Commissioner.

Section 27-2B-10 - Relationship to Other Laws; Adoption of Rules; Exemptions.

Section 27-2B-11 - Foreign Insurers; Submission of Rbc Report or Plan; Application for Liquidation of Property.

Section 27-2B-12 - Liability of Commissioner or Department of Insurance.

Section 27-2B-13 - Effectiveness of Notice to Insurer.

Section 27-2B-14 - Rbc Reports With Respect to 1996.

Section 27-2B-14.1 - Rbc Reports With Respect to 2015.