Notice is hereby given that a hearing will be held at 10:30 AM on September 5, 2007, at the offices of the Alabama Department of Insurance, 201 Monroe Street, Suite 1700, Montgomery, Alabama, as follows:
Revision of Section 4 of Regulation No. 110 [Rule 482-1-110-.04], which sets forth the procedures necessary for the annual renewal of licenses of insurance producers. The revisions encompass changes necessary to require the annual renewal of business entity producer licenses through the Department’s Web site. (4 pages)
Adoption of new regulation No. 140 [Chapter 482-1-140], to be known as the Military Sales Regulation. The purpose of the new regulation is to set forth standards to protect active duty service members of the United States Armed Forces from dishonest and predatory insurance sales practices by declaring certain identified practices to be false, misleading, deceptive or unfair. The proposed effective date of this new regulation is September 29, 2007. (22 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. 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.