SB200 Alabama 2010 Session

Summary

Primary Sponsor

Ben H. Brooks

Republican

Co-Sponsors

Trip PittmanRusty Glover

Session

Regular Session 2010

Title

Homeowners insurance, rate filings and related actuarial information for homeowners property insurance coverage in Alabama are public record, review available in office of Insurance Commissioner and via Insurance Department Internet website

Summary

The bill would make all rate filings and related actuarial information for Alabama homeowners insurance public records.

What This Bill Does

If passed, the bill treats all rate filings and related actuarial information for homeowners insurance as public information. The information would be available for public review at the Office of the Commissioner of Insurance in Montgomery and on the Department of Insurance website. It would take effect on the first day of the third month after passage and governor approval.

Who It Affects

• Public and consumers who want to review homeowners insurance rate filings and actuarial data (increased transparency).
• Insurance companies and their actuaries, which would have information publicly disclosed and accessible.

Key Provisions

• All rate filings and related actuarial information for homeowners insurance shall be treated as public information.
• Such information shall be available for public review at the Office of the Commissioner of Insurance in Montgomery and via the Department of Insurance website, with the act becoming effective on the first day of the third month after passage and governor approval.

AI-generated summary using openai/gpt-5-nano on Feb 25, 2026. May contain errors — refer to the official bill text for accuracy.

Subjects

Insurance Department