(a) Contracts made between the insurer and participating attorneys, management contracts and contracts with other providers of services by the legal expense insurance policy must be filed with and approved by the commissioner.
(b) Insurers must annually report to the commissioner, in such detail as is reasonably required, the number and geographical distribution of attorneys and other providers of services covered by the legal expense insurance policy with whom it maintains contractual relations and the nature of the relations. For individual insurers or groups of insurers, the commissioner may require more frequent reports.
Structure Code of Alabama
Chapter 43 - Legal Expense Insurance.
Section 27-43-1 - Short Title.
Section 27-43-2 - Purpose of Chapter.
Section 27-43-3 - Definitions.
Section 27-43-4 - Applicability of Chapter.
Section 27-43-5 - Authorization of Prepaid Legal Expense Insurance Business Required.
Section 27-43-6 - Insurers Deemed Eligible to Transact Legal Expense Insurance.
Section 27-43-7 - Procedure for Incorporation of Legal Services Insurance Corporation Generally.
Section 27-43-9 - Bond or Deposit Requirements.
Section 27-43-11 - Premium Rates.
Section 27-43-12 - Filing, Approval, etc., of Contracts Between Insurers and Attorneys, Etc.
Section 27-43-14 - Applicability of Chapters 7 and 8a.
Section 27-43-15 - Registration Requirements - Sales Agents.
Section 27-43-21 - Disposition of Moneys Received From Licenses and Fees.