Section 27-19-108 Promulgation of rules and regulations. - Alabama Statutes

Section 27-19-108

Promulgation of rules and regulations.

The commissioner shall issue reasonable regulations to promote premium adequacy and to protect the policyholder in the event of substantial rate increases, and to establish minimum standards for marketing practices, agent compensation, agent testing, penalties, and reporting practices for long-term care insurance.

(Act 2000-795, p. 1876, §5.)