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    • Legislation USA
    • Code of Alabama
    • Title 27 - Insurance.
    • Chapter 36 - Liabilities.
    • Section 27-36-6 - Increase of Inadequate Loss Reserves.

    Code of Alabama
    Chapter 36 - Liabilities.
    Section 27-36-6 - Increase of Inadequate Loss Reserves.

    If loss experience shows that an insurer's loss reserves, however computed or estimated, are inadequate, the commissioner shall require the insurer to maintain loss reserves in such increased amount as is needed to make them adequate.

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    Structure Code of Alabama

    Code of Alabama

    Title 27 - Insurance.

    Chapter 36 - Liabilities.

    Section 27-36-1 - Liabilities Generally.

    Section 27-36-2 - Unearned Premium Reserve - Title Insurance.

    Section 27-36-3 - Unearned Premium Reserve - Property, General Casualty and Surety Insurance.

    Section 27-36-3.1 - Unearned Premium Reserve - Bail Bond Surety Insurers.

    Section 27-36-4 - Unearned Premium Reserve - Marine and Transportation Insurance.

    Section 27-36-5 - Active Life Reserve for Disability Insurance.

    Section 27-36-6 - Increase of Inadequate Loss Reserves.

    Section 27-36-7 - Standard Valuation Law.

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