- (a) Every property and casualty insurer authorized or admitted to transact business in this State shall annually submit the opinion of an appointed actuary entitled “Statement of Actuarial Opinion.”
- (b) The actuarial opinion required pursuant to (a) above shall be filed in accordance with the appropriate NAIC Property and Casualty Annual Statement Instructions.
Author: Commissioner of Insurance
Statutory Authority: Code of Ala. 1975, §§27-2-17, 27-3-26.1.
History: New Rule: December 15, 2009; effective January 1, 2010. Filed with LRS December 17, 2009. Rule is not subject to the Alabama Administrative Procedure Act.