Code of Alabama
Title 27 - Insurance.
Chapter 5A - Reinsurance Intermediaries.

Section 27-5A-1 - Short Title. - This chapter may be cited as the Alabama Reinsurance Intermediary...

Section 27-5A-2 - Definitions. - As used in this chapter, the following terms shall have...

Section 27-5A-3 - Licensure. - (a) No person, firm, association, or corporation shall act as...

Section 27-5A-4 - Required Contract Provisions; Reinsurance Intermediary-Brokers. - Transactions between a reinsurance intermediary-broker and the insurer it represents...

Section 27-5A-5 - Books and Records; Reinsurance Intermediary-Brokers. - (a) For at least 10 years after expiration of each...

Section 27-5A-6 - Duties of Insurers Utilizing the Services of a Reinsurance Intermediary-Broker. - (a) An insurer shall not engage the services of any...

Section 27-5A-7 - Required Contract Provisions; Reinsurance Intermediary-Managers. - Transactions between a reinsurance intermediary-manager and the reinsurer it represents...

Section 27-5A-8 - Prohibited Acts. - The reinsurance intermediary-manager shall not: (1) Cede retrocessions on behalf...

Section 27-5A-9 - Duties of Reinsurers Utilizing Services of Reinsurance Intermediary-Manager. - (a) A reinsurer shall not engage the services of any...

Section 27-5A-10 - Examination Authority. - (a) A reinsurance intermediary shall be subject to examination by...

Section 27-5A-11 - Penalties and Liabilities. - (a) A reinsurance intermediary, insurer, or reinsurer found by the...

Section 27-5A-12 - Rules and Regulations. - The commissioner may adopt reasonable rules and regulations for the...

Section 27-5A-13 - Utilization of Services of Reinsurance Intermediary. - No insurer or reinsurer may continue to utilize the services...