Ala. Admin. Code r. 482-1-122-.02
Current through Register Vol. 43, No. 02, November 27, 2024
Section 482-1-122-.02 - Purpose And ScopeA. Purpose. This regulation governs the treatment of nonpublic personal financial information about individuals by all licensees of the Alabama Department of Insurance. This regulation requires a licensee to provide notice to individuals about its privacy policies and practices; describes the conditions under which a licensee may disclose nonpublic personal financial information about individuals to affiliates and nonaffiliated third parties; and provides methods for individuals to prevent a licensee from disclosing that information.B. Scope. This regulation applies to nonpublic personal financial information about individuals who obtain or seek to obtain products or services primarily for personal, family or household purposes from licensees. This regulation does not apply to information about companies or about individuals who obtain or seek to obtain products or services for business, commercial or agricultural purposes, nor does it apply to workers compensation claims, workers compensation insurance, workers compensation programs, or employee welfare benefits plans as defined in 29 U.S.C. § 1002(1) or any third party administrator to the extent it provides services to a workers compensation program or employee welfare benefit plan. Author: Reyn Norman, Associate Counsel
Statutory Authority: Code of Ala. 1975, § 27-2-17; §20, Act 2001-702; 15 U.S.C. §§ 6801 - 6827
History: New Rule: October 5, 2000; effective October 15, 2000. Amended: June 20, 2001; effective July 1, 2001. Amended: September 12, 2001; effective October 1, 2001. Filed with LRS September 14, 2001. Rule is not subject to the Alabama Administrative Procedure Act.
Ala. Admin. Code r. 482-1-122-.02