Alabama Code (Last Updated: November 28, 2014) |
Title27 INSURANCE. |
Chapter13. RATES AND RATING ORGANIZATIONS. |
Article4. Insurance Advisory Organizations. |
§27-13-100. "Advisory organization" defined.
Latest version.
-
"Advisory organization" means every group, association or other organization of insurers, whether located within or without this state, which assists insurers which make their own filings or rating organizations in rate-making by collection and furnishing of loss or expense statistics or by the submission of recommendations, but which does not make filings under Articles 2 or 3 of this chapter.