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The first state commissioner of insurance was appointed in New Hampshire in 1851 and the state-based insurance regulatory system grew as quickly as the insurance industry itself. [4] Prior to this period, insurance was primarily regulated by corporate charter, state statutory law and de facto regulation by the courts in judicial decisions.
Alabama isn’t the cheapest or the most expensive state for car insurance. Despite it falling somewhere in the middle, it’s likely you still want to get the best bang for your buck.
These savings, which amount to about 3.3 months of typical claims expenses - or one basic emergency room visit per member, are insurance against fluctuations in short-term conditions that could affect the company's ability to pay claims. It makes BCBSAL self-insured since the company is not a beneficiary of the Alabama insurance guaranty funds. [3]
The IIABA has spent more than $1 million in 2010 in lobbying efforts on federal crop insurance, insurance licensing reform, and other insurance issues. [2]The IIABA supported the National Association of Registered Agents and Brokers Reform Act of 2013 (H.R. 1155; 113th Congress), a bill which would reduce the regulatory costs of complying with multiple states' requirements for insurance ...
Minimum insurance required in Alabama. Alabama state law requires minimum insurance that goes by the 25/50/25 rule. Drivers must have proof of insurance on them at all times with coverage for ...
Directors and officers liability insurance (also written directors' and officers' liability insurance; [1] often called D&O) is liability insurance payable to the directors and officers of a company, or to the organization itself, as indemnification (reimbursement) for losses or advancement of defense costs in the event an insured suffers such a loss as a result of a legal action brought for ...
This is a List of State Police Minimum Age Requirements in the United States. Many states have established, by state statute and/or constitutional provisions, minimum age requirements for the primary law enforcement agency of the state.
A federal court has sided with Roland Edger, an Alabama man who says he was wrongfully arrested after he declined to give police officers his driver's license in 2019. While a lower court had ...
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