The following definitions shall apply in this chapter:
(1) APPLICABLE APPLICATION. Any of the following:
- (a) An initial application for a resident license as insurance producer for any major line of authority.
- (b) An application for resident license as insurance producer for an additional major line of authority.
- (c) An application for resident license as an independent insurance adjuster.
- (d) An application for license as an independent insurance adjuster by a non-resident who is designating Alabama as his or her home state.
- (e) An application for an additional line of authority as independent insurance adjuster by either a resident licensee or non-resident licensee who has designed Alabama as his or her home state.
- (2) MAJOR LINE OF AUTHORITY. The following lines of authority as defined in Code of Ala. 1975, §27-7-14.1 (2013): Life; Accident and Health or Sickness, commonly known as Disability; Property; Casualty; Variable Life and Variable Annuity Products; Personal Lines; and Bail Bond.
Author: Commissioner of Insurance
Statutory Authority: Code of Ala. 1975, §§27-2-17.
History: New Rule: October 16, 2014; effective January 1, 2015. Filed with LRS October 21, 2014. Rule is not subject to the Alabama Administrative Procedure Act.