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SB413 Alabama 2014 Session

Updated Jul 24, 2021
SB413 Alabama 2014 Session
Senate Bill
In Committee
Current Status
Regular Session 2014
Session
1
Sponsor

Summary

Session
Regular Session 2014
Title
Bail bond surety insurers, regulation by Insurance Department, amount of unearned premium reserve specific required, Sec. 27-36-3.1 added
Description

Under existing law, all surety insurers are required to post an unearned premium reserve in the same manner as property and general casualty insurers.

This bill would provide a specific unearned premium reserve for bail bond surety insurers as an alternative to the general requirements for other surety insurers.

Subjects
Insurance

Bill Actions

S

Indefinitely Postponed

S

Read for the second time and placed on the calendar

S

Read for the first time and referred to the Senate committee on Banking and Insurance

Bill Text

Documents

Source: Alabama Legislature