HB220 Alabama 2010 Session
Summary
- Primary Sponsor
-
Yvonne KennedyDemocrat - Co-Sponsors
- Jamie IsonSteve McMillanAlan BakerChad FincherJoe FaustHarry ShiverGerald H. AllenVictor GastonRandy DavisWilliam E. ThigpenJames E. BuskeyLesley VanceSpencer Collier
- 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
Documents
Source: Alabama Legislature