Statutes > Alabama Statutes > Title 27 — INSURANCE. > Chapter 13 — RATES AND RATING ORGANIZATIONS. > Section 27-13-73 Factors to be considered in determining reasonableness, etc., of rates.

Section 27-13-73 Factors to be considered in determining reasonableness, etc., of rates.

Section 27-13-73

Factors to be considered in determining reasonableness, etc., of rates.

In every case where, pursuant to the provisions of the article, the commissioner is authorized or required to determine whether rates are reasonable and adequate and not unfairly discriminatory, he shall consider the factors and standards set forth in Section 27-13-65.

(Acts 1945, No. 133, p. 145, §13; Acts 1971, No. 407, p. 707, §296.)