Alabama SB 166: Insurance Dept., life and annuity policies, standard nonforfeiture law for individual deferred annuities, group capital calculation and stress test, providing for holding companies, duties to Commission and lead state commissioner, small company alternative valuation provision, exemptions, exemption premium based on valuation manual of NAIC, Commissioner of Insurance may regulate by rule, Secs. 27-15-28.2, 27-29-1, 27-29-3, 27-29-4, 27-29-7, 27-36A-20 am'd.

Status: Read for the first time and referred to the Senate committee on Banking and Insurance (as of 2022-02-02)

State: Alabama · Session: 2022rs · Bill: SB 166

Subjects: Insurance

Sponsors: Shelnutt

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