Alabama SB298

Insurance, Alabama Coastal Insurance Authority, create to provide affordable windstorm insurance in areas contiguous to Gulf of Mexico and Mobile Bay, Board of Directors, plan of operation and sale of bonds provided, commissioner authorized to require quarterly reports, authority authorized to assess policyholders of excess losses, Secs. 27-22B-1 to 27-22B-12, inclusive, added; Sec. 27-1-24 repealed