SB479 Alabama 2012 Session

Summary

Primary Sponsor

Roger Bedford, Jr.

Democrat

Session

Regular Session 2012

Title

Insurance, Title 27, certain sections, repealed

Summary

SB479 would repeal the foundational sections of Alabama's Insurance Code (Title 27), removing the defined terms and basic regulatory framework.

What This Bill Does

The bill repeals Sections 27-1-1 through 27-1-10 of the Code of Alabama 1975, which include key definitions (like insurance, insurer, commissioner, department) and some specific provisions (investments by life insurers and reimbursement rules for chiropractors). This would remove the current baseline rules that govern how insurance is defined and regulated in Alabama. The act would take effect immediately after governor approval.

Who It Affects

• Insurance companies and other entities that transact insurance in Alabama, because the core definitions and regulatory framework would be removed.
• Regulators and Alabama consumers, because the Department of Insurance and the Commissioner would lose the current defined framework and protections unless new laws replace them.

Key Provisions

• Section 1 repeals Sections 27-1-1 to 27-1-10 of the Code of Alabama 1975, removing the core definitions and basic provisions of Title 27.
• Section 2 states the act becomes effective immediately after the Governor signs or approves it.

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