Alabama § 27-6B-5 Disclosure of Relationship Between Producer and Controlled Insurer

Alabama Statutes

§ 27-6B-5 — Disclosure of Relationship Between Producer and Controlled Insurer

Alabama § 27-6B-5

Title 27Insurance

Ch. 6BBusiness Transacted with Producer Controlled Property and Casualty Insurer Law

This text of Alabama § 27-6B-5 (Disclosure of Relationship Between Producer and Controlled Insurer) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ala. Code § 27-6B-5 (2026).

Text

The producer, prior to the effective date of the policy, shall deliver written notice to the prospective insured disclosing the relationship between the producer and the controlled insurer. Except that, if the business is placed through a subproducer who is not a controlling producer, the controlling producer shall retain records of a signed commitment from the subproducer that the subproducer is aware of the relationship between the insurer and the producer and that the subproducer has or will notify the insured.

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The producer, prior to the effective date of the policy, shall deliver written notice to the prospective insured disclosing the relationship between the producer and the controlled insurer. Except that, if the business is placed through a subproducer who is not a controlling producer, the controlling producer shall retain records of a signed commitment from the subproducer that the subproducer is aware of the relationship between the insurer and the producer and that the subproducer has or will notify the insured.