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State statute · Alabama

Kinds of Insurance; Limits of Risk; Reinsurance (27-5-1 to 27-5-13)

Alabama Code Title 27 (Insurance) Chapter 5

Publisher
Legislative Services Agency of the Alabama Legislature
Edition
Code of Alabama as served by ALISON on 2026-09-29
Last checked
2026-09-29
Status
Code of Alabama, public domain
Edition and licensing notes

Publisher. Legislative Services Agency of the Alabama Legislature (ALISON, alison.legislature.state.al.us)

Status. Code of Alabama, public domain (state government edict).

Read the official textPractice questions from this source

What this document is

Alabama Code Title 27 (Insurance) Chapter 5 - Kinds of Insurance; Limits of Risk; Reinsurance (27-5-1 to 27-5-13) is a state statute published by Legislative Services Agency of the Alabama Legislature (ALISON, alison.legislature.state.al.us). It is one of the Alabama documents that insurance license exam questions are written from, including alabama property & casualty practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

  • Ala. Code Section 27-5-1(a) (Definitions Not Mutually Exclusive; Exceptions to Applicability of Chapter)
    “(a) It is intended that certain insurance coverages may come within the definitions of two or more kinds of insurance as defined in this chapter, and the inclusion of such coverage within one definition shall not exclude it as to any other kind of insurance within the definition of which such...”
  • Ala. Code Section 27-5-11(a) (Limits of Risk)
    “No insurer shall retain any risk on any one subject of insurance, whether located or to be performed in this state or elsewhere, in an amount exceeding 10 percent of its surplus to policyholders.”

Practice this material

Alabama Property & Casualty practice test

Questions about this source

Alabama Code Title 27 (Insurance) Chapter 5 - Kinds of Insurance; Limits of Risk; Reinsurance (27-5-1 to 27-5-13) is a state statute published by Legislative Services Agency of the Alabama Legislature (ALISON, alison.legislature.state.al.us). Edition: Code of Alabama as served by ALISON on 2026-09-29.

No. This page summarizes the document and links to the official version. Always rely on the text published by Legislative Services Agency of the Alabama Legislature (ALISON, alison.legislature.state.al.us) for the current law.

Practice questions for Alabama Property & Casualty cite this document.

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