A risk retention group formed pursuant to this chapter shall comply with any provision determined to be applicable to the National Association of Insurance Commissioners' (NAIC) accreditation standards for Risk Retention Groups and any provision of this title determined to be applicable by the commissioner. Applicable provisions shall be adopted by the commissioner pursuant to, and in accordance with, Section 27-2-17.
Structure Code of Alabama
Chapter 31B - Alabama Captive Insurers Act.
Section 27-31B-1 - Short Title.
Section 27-31B-2 - Definitions.
Section 27-31B-5 - Names of Companies.
Section 27-31B-6 - Minimum Capital and Surplus.
Section 27-31B-8 - Formation of Captive Insurance Companies in This State.
Section 27-31B-9 - Reports and Statements.
Section 27-31B-10 - Examinations and Investigations.
Section 27-31B-11 - Grounds and Procedures for Suspension or Revocation of License.
Section 27-31B-12 - Legal Investments.
Section 27-31B-13 - Reinsurance.
Section 27-31B-14 - Rating Organizations; Memberships.
Section 27-31B-15 - Exemption From Compulsory Associations.
Section 27-31B-16 - Tax on Premiums Collected.
Section 27-31B-18 - Laws Applicable.
Section 27-31B-19 - Delinquency.
Section 27-31B-20 - Rules for Controlled Unaffiliated Business.
Section 27-31B-21 - Conversion to or Merger With Reciprocal Insurer.
Section 27-31B-22 - Protected Cell Captive Insurance Companies.
Section 27-31B-23 - Qualification of Sponsors.
Section 27-31B-24 - Participants in Protected Cell Captive Insurance Companies.
Section 27-31B-25 - Incorporation of Protected Cells.
Section 27-31B-26 - Approval of Stock Captive Insurer to Become a Mutual Captive Insurer.
Section 27-31B-27 - Redomestication of Captive Insurance Companies.
Section 27-31B-28 - Risk Retention Groups to Comply With Certain Accreditation Standards.