Alabama HB 401: Insurance companies, insolvencies, Alabama Insurance Guaranty Association Act, provisions conformed to most recent model act, obligation of assoc. to pay covered claims before order of liquidation of insolvent insurer, statutory cap for benefits and aggregate cap provided, Secs. 27-42-3, 27-42-5, 27-42-8, 27-42-11, 27-42-12 am'd.

Status: Read for the first time and referred to the Senate committee on Banking and Insurance (as of 2018-03-08)

State: Alabama · Session: 2018rs · Bill: HB 401

Subjects: Insurance

Sponsors: Rich

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