SB291 Alabama 2018 Session

Updated Apr 26, 2021

Summary

Primary Sponsor: Gerald O. Dial
Republican
Session: Regular Session 2018
Title: Insurance, title insurers authorized to form rating bureau for purposes of filing rates on behalf of members, Secs. 27-13-140 to 27-13-146, inclusive, 27-25-6.1 added; Secs. 27-13-2, 27-25-6 am'd.
Description: Under existing law, title insurance companies are required to seek prior approval of their rates by the Commissioner of Insurance. This bill would authorize title insurers to form a rating bureau for the purpose of filing rates on behalf of its member insurers.
Subjects: Insurance

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