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Notice of Regulation Hearing

to be held August 11, 2009

Contact: Elizabeth Bookwalter, Associate Counsel

334-241-4122

6/24/2009

 

Notice is hereby given that a hearing will be held at 10:00 AM on Tuesday, August 11, 2009, at the offices of the Alabama Department of Insurance, 201 Monroe Street, Suite 1700, Montgomery, Alabama, as follows:

 

Revision of Section 3 of Regulation No. 138 [Rule 482-1-138-.03], which sets forth revisions to the annual reporting requirements for association and industrial insured captives. (2 pages) 

 

Revision of Section 4 of Regulation No. 138 [Rule 482-1-138-.04], which sets forth revisions to permit exemptions to the annual audit provisions for captive insurers.  (5 pages)

 

Any person wishing to submit testimony at said hearing is requested to submit said testimony in writing to the Alabama Department of Insurance, Attention: Legal Division, Post Office Box 303351, Montgomery, Alabama 36130-3351, one week prior to the hearing date.  Any written submission of testimony prior to the hearing will not preclude anyone from making an oral or written presentation at the hearing.

 

A copy of the regulations may be obtained by written request to the Alabama Department of Insurance, Post Office Box 303351, Montgomery, Alabama 36130-3351.  The request must include payment of one dollar per page and a self-addressed, postage paid return envelope.  An unofficial copy may also be obtained at no charge via electronic mail.  You may send an e-mail request to Brenda.Camp@insurance.alabama.gov.