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Bill Title: 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.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2022-03-10 - Delivered to Governor at 9:30 a.m. on March 10, 2022. [HB78 Detail]

Download: Alabama-2022-HB78-Enrolled.pdf

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