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AL SB275
Bill
Status
2/23/2016
Primary Sponsor
Greg Albritton
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AI Summary
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Exempts applicants from prelicensing course or examination requirements if they were employed as an adjuster for a minimum of 20 years by a state-licensed insurance company in Alabama.
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Requires applicants claiming the 20-year employment exemption to submit their license application within 12 months of leaving the insurance company's employment.
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Mandates that the insurance company must certify the applicant's employment period to the Department of Insurance upon request.
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Maintains existing exemptions for out-of-state licensed adjusters, previously licensed Alabama adjusters, and new residents licensed in other states.
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Takes effect immediately upon passage and gubernatorial approval.
Legislative Description
Insurance adjusters, licensing by Insurance Dept., applicant employed by state insurance company exempt from examination under certain conditions, Sec. 27-9A-9 am'd.
Insurance Department
Last Action
Read for the first time and referred to the Senate committee on Banking and Insurance
2/23/2016