This chapter is to authorize the payment of examination expenses incurred by the consulting actuaries employed by the Department in the review of rule, rate or form filings by rate-making organizations. These expenses are to be paid by the rate-making organization in the same manner as if the organization was an insurance company.

Author: Commissioner of Insurance

Statutory Authority: Code of Ala. 1975, §§27-2-17, 27-13-1, et seq.

History: New Rule: July 26, 1990; effective August 15, 1990. Filed for codification in the Alabama Administrative Code by the Department of Insurance on July 5, 2005, pursuant to the Code of Ala. 1975, §27-7-43.