Article 1 Property Insurance Controls.
Insurance of building in name of less than all owners.
Industrial fire insurance policies.
Article 2 Property Insurance Clarity Act.
Policy and premium information to be submitted to the Department of Insurance.
Submission of information and compilation of aggregate totals.
Reporting requirements; waiver, modification, etc.; failure to comply.
Confidentiality of information.
Article 3 Alabama Homeowners Bill of Rights Act.
Purpose, intent, short title.
Policyholders Bill of Rights.
Outline of coverage and comprehensive policy checklist.
Cause of action
Violations and penalties.
Article 4 Insurance Payments to Lender.
Notice to insured of requirements for release of insurance proceeds.
Duties of lenders upon request of release.
Failure to provide notice or to release insurance proceeds.
Accrual of interest.
Construction of article.