Skip to main content

HB220 Alabama 2010 Session

Updated Jul 26, 2021
HB220 Alabama 2010 Session
House Bill
Expired
Current Status
Regular Session 2010
Session
14
Sponsors

Summary

Session
Regular Session 2010
Title
Surplus line insurance, foreign and alien insurers, requirement for transacting insurance for minimum of five years in its state or country of domicile, exception under certain conditions, Sec. 27-10-26 am'd.
Description

Under existing law, certain insurance risks may be placed with foreign and alien insurers pursuant to the surplus line insurance law, but only with insurers that have done business as authorized insurers in their state of domicile for a minimum of five years.

This bill would provide an exception to the five-year requirement of foreign and alien surplus line insurers who place a special deposit in this state.

Subjects
Insurance

Bill Actions

Pending third reading on day 19 Favorable from Banking and Insurance

Read for the second time and placed on the calendar

Read for the first time and referred to the Senate committee on Banking and Insurance

Motion to Read a Third Time and Pass adopted Roll Call 274

Third Reading Passed

Read for the second time and placed on the calendar

Read for the first time and referred to the House of Representatives committee on Banking and Insurance

Bill Text

Votes

Motion to Read a Third Time and Pass

February 16, 2010 House Passed
Yes 93
Absent 10

Documents

Source: Alabama Legislature