No insurer and no officer, agent, or employee thereof shall give false or misleading information to any rating organization of which it is a member or subscriber or to the department which will in any manner affect the proper determination of reasonable, adequate, and nondiscriminatory rates.
Ala. Code § 27-13-77
False or Misleading Information Concerning Rates.
Known as the The Rating Law
The act spans §§ 27-13-1 to 27-13-83 (65 sections).
Applied in 1 court decision — leading case Sandwich Chef of Texas, Inc. v. Reliance National Indemnity Insurance (2001)
Most recently applied in Sandwich Chef of Texas, Inc. v. Reliance National Indemnity Insurance (August 2001)
(Acts 1945, No. 133, p. 145, §18; Acts 1971, No. 407, p. 707, §301.)
Official source: Alabama Legislature (ALISON). Reproduced from public-domain Alabama statutes; confirm against the official source for the current text. Not legal advice.