SB397 Alabama 2011 Session

Summary

Primary Sponsor

Ben H. Brooks

Republican

Session

Regular Session 2011

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

This bill makes all homeowners insurance rate filings and related actuarial information public and accessible to Alabama residents.

What This Bill Does

If passed, the bill requires that rate filings and related actuarial information for homeowner's insurance in Alabama be treated as public information. The public can review these documents in person at the Office of the Commissioner of Insurance in Montgomery and also online on the Department of Insurance website. This increases transparency about how homeowners insurance rates are set. It also specifies when the law would take effect.

Who It Affects

• Alabama residents and homeowners can access rate filings and actuarial data for homeowner's insurance.
• Insurance companies and other entities that file homeowner's insurance rates must have their filings and related actuarial information become public.

Key Provisions

• All rate filings and related actuarial information for homeowner's insurance in Alabama shall be public information.
• Public access to these filings is available for review at the Office of the Commissioner of Insurance in Montgomery and online via the Department of Insurance website.
• The act becomes effective on the first day of the third month following its passage and approval by the Governor, or otherwise becoming law.

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