Please take notice in accordance with Alabama Insurance
Regulation, Chapter 482-1-109, a memorandum from Jimmy W. Gunn, Licensing
Manager, was issued today to all insurers licensed in the State of Alabama,
along with all automobile clubs or associations, all legal service insurance
corporations, and all dental service corporations, reminding them of the process
to be followed for the 2003 producer appointment, service representative
appointment, and title insurance agent certificate of authority
continuation.
Invoices will be mailed on or about January 2, 2003. The continuation fees
for each licensee appointed with these companies as of January 1 are as
follows:
- Insurance Producers - $10
- Service Representatives - $30
- Title Insurance Agents - $50
Insurers should verify the licensees appointed with their company at www.aldoi.gov and follow the instructions to
terminate the appointment of any licensee no longer needed. It is recommended
insurers do so prior to November 15, 2002, to ensure all termination requests
are processed by this office prior to December 31. If there are any problems or
questions with the producer list, please fax (334-240-3282) or email (ProducerLicensingDivision@insurance.state.al.us)
your questions or comments to the Producer Licensing Division. For assistance
with the website and verifying appointments, please contact the technical
support Help Desk at (334) 241-4113.
All insurance producer and service representative appointments and title
insurance agent certificates of authority not terminated as of December 31 shall
be deemed continued effective January 1. The invoice to be issued January 2 will
be due upon receipt in the amount indicated. A roster of appointed licensees
will NOT be sent with the invoice, as the list will be available from the web
page. Insurers may choose to print the list for record-keeping purposes.
Failure to promptly remit payment of the invoice may result in administrative
action by the Department against the insurer.