AL | Notice is hereby given that a hearing will be held at 10:00 a.m. Central Time, on Tuesday, December 10, 2024, in the offices of the Alabama Department of Insurance, 201 Monroe Street, Fifth Floor Conference Room, RSA Tower, Montgomery, Alabama, as follows:
- Adoption of amendments to Section 4 of Insurance Regulation No. 36 (Chapter 482-1-036-.04) to comply with Ala. Act No. 2024-71, to be effective January 1, 2025.
- Adoption of proposed new Section 11 of Insurance Regulation No. 161 (new Rule 482-1-161-.11) to adopt by reference the 2025 version of the Valuation Manual developed by the National Association of Insurance Commissioners (NAIC), to include the revisions made by the NAIC in 2024, as authorized in § 27-36A-15, Ala. Code 1975, to be effective January 1, 2025.
- Adoption of amendments to Section 2 of Department of Insurance, Fire Marshal Regulation No. 101 (Chapter 482-2-101-.02) to clarify which sections of the International Fire Code have been adopted, to be effective January 1, 2025.
- The repeal of Insurance Regulation No. 24 (Chapter 482-1-024) as it is no longer necessary, to be effective January 1, 2025.