§ 26-13-122 — Fictitious groups prohibited

(a) No authorized or unauthorized insurer shall make
available, through any rating plan or form, property, casualty
or surety insurance to any firm, corporation or association of
individuals at any preferred rate or premium based upon any
fictitious grouping of the firm, corporation or association.
(b) No form or plan of insurance covering any group or
combination of persons or risks shall be written or delivered
within or outside this state to cover persons or risks in this
state at any preferred rate or on any form other than as offered
to persons not in the group or combination and to the public
generally, unless the form, plan of insurance and the rates or
premiums to be charged therefor have been submitted to and
approved by the commissioner as being not unfairly
discriminatory, and as not otherwise being in conflict with
subsection (a) of this section or with chapter 14 of this code
to the extent that chapter 14 is applicable thereto.
(c) This section does not apply to life insurance,
disability insurance or annuity contracts.