Ala. Admin. Code r. 482-1-147-.02

Current through Register Vol. 43, No. 02, November 27, 2024

Section 482-1-147-.02 - Definitions

Unless the context otherwise requires, terms found in this chapter are used as defined in Code of Ala. 1975, § 27-7-1. The following terms are defined for purposes of this chapter:

(a) CAPTIVE PRODUCER. An insurance producer under contract to represent only one insurer or one group of insurers.

(b) HEALTH. The line of authority defined in Code of Ala. 1975, § 27-7-14.1 as Accident and Health or Sickness, commonly known as disability.

(c) NAIC. The National Association of Insurance Commissioners or its affiliates or subsidiaries.

(d) NIPR. The National Insurance Producer Registry.

Ala. Admin. Code r. 482-1-147-.02

New Rule: October 18, 2012; effective January 1, 2013. Filed with LRS October 18, 2012. Rule is not subject to the Alabama Administrative Procedure Act.

Amended by Alabama Administrative Monthly Volume XLI, Issue No. 10, July 31, 2023, eff. 1/1/2024.

Author: Commissioner of Insurance

Statutory Authority:Code of Ala. 1975, §§ 27-2-17, 27-7-4.3, 27-7-5, 27-7-23, 27-7-24, 27-7-30, 27-7-43.