Skip to main content

SB149 Alabama 2015 Session

Updated Jul 24, 2021
SB149 Alabama 2015 Session
Senate Bill
Expired
Current Status
Regular Session 2015
Session
1
Sponsor

Summary

Session
Regular Session 2015
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

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

Bill Text

Documents

Source: Alabama Legislature