SB346 Alabama 2013 Session

Summary

Primary Sponsor

Rodger SmithermanSenator

Democrat

Session

Regular Session 2013

Title

Insurance, Title 27, certain sections, repealed

Summary

SB346 would repeal certain defined insurance categories—surety, marine, wet marine and transportation, and title insurance—from Alabama's Insurance Code.

What This Bill Does

It repeals Sections 27-5-7 through 27-5-11 of Title 27, removing the formal definitions and regulatory provisions for these types of insurance. As a result, these specific lines of insurance would no longer be defined or regulated under that portion of the Alabama Code. The repeal would take effect immediately after the bill is enacted and approved by the Governor.

Who It Affects

• Insurance companies, brokers, and agencies that underwrite or handle surety, marine, wet marine and transportation, or title insurance in Alabama; they would no longer rely on the repealed definitions and rules.
• Policyholders and insureds who hold or seek coverage in these categories; they may experience changes in how these coverages are defined or regulated under state law.

Key Provisions

• Section 1: Repeal of Sections 27-5-7 to 27-5-11 of the Code of Alabama 1975 (covering surety, marine, wet marine and transportation, and title insurance).
• Section 2: The act becomes effective immediately following passage and approval by the Governor.
• The repealed sections previously included definitions and regulatory provisions for surety insurance, marine insurance, wet marine and transportation insurance, and title insurance (including related risk retention rules).

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