Ala. Code § 27-22-45

Current with legislation from 2024 effective through May 17, 2024.

Section 27-22-45 - Violations and penalties

The failure of an insurance company writing homeowners personal lines residential property coverage insurance policies in this state to comply with the material provisions of this article shall be a violation of the Unfair Trade Practices Act as set forth in Section 27-12-1 et seq. of the Alabama Insurance Code. Violation of the Unfair Trade Practices Act may subject the insurance company to the suspension or revocation of the Insurer's Certificate of Authority or the imposition of an administrative fine, or both.

Ala. Code § 27-22-45 (1975)

Added by Act 2012-510,§ 1, eff. effective for policies of new business with an effective date on or after 7/1/2013, following its passage and approval by the Governor, or its otherwise becoming law, and effective for existing policies at the time of renewal with a renewal date on or after 7/1/2013, following its passage and approval by the Governor, or its otherwise becoming law..