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Statutes > Alabama Statutes > Title 27 — INSURANCE. > Chapter 2B — RISK-BASED CAPITAL FOR INSURERS.

Chapter 2B — RISK-BASED CAPITAL FOR INSURERS.

  • Section 27-2B-1 Short title.
  • Section 27-2B-2 Definitions.
  • Section 27-2B-3 Preparation and submission of RBC report; formulas; desirability of excess capital; adjustment of inaccurate RBC report.
  • Section 27-2B-4 Company action level event; preparation and submission of RBC plan or revised RBC plan; notification of unsatisfactory filing; copies of plans.
  • Section 27-2B-5 Regulatory action level event; commissioner's duties; determination of corrective actions; retention of consultants.
  • Section 27-2B-6 Authorized control level event; commissioner's duties.
  • Section 27-2B-7 Mandatory control level event; commissioner's duties.
  • Section 27-2B-8 Right to departmental hearing; notification of request for hearing.
  • Section 27-2B-9 Confidentiality of reports and plans; prohibition against publication of RBC levels; use of reports and plans by commissioner.
  • Section 27-2B-10 Relationship to other laws; adoption of rules; exemptions.
  • Section 27-2B-11 Foreign insurers; submission of RBC report or plan; application for liquidation of property.
  • Section 27-2B-12 Liability of commissioner or Department of Insurance.
  • Section 27-2B-13 Effectiveness of notice to insurer.
  • Section 27-2B-14 RBC reports with respect to 1996.




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