AL Insurance Bulletin issued 2001-10-10
Privacy Policy
DATE: October 10, 2001
RE: Privacy Policy
NOTE: This bulletin was only addressed to Alabama Insurance Guaranty Association,
Alabama Life and Disability Insurance Guaranty Association, Alabama Health Maintenance
Organization Guaranty Association, Alabama Insurance Underwriting Association.
Please take note that the Alabama Insurance Guaranty Association, established in
Chapter 42, Title 27, Code of Alabama 1975, the Alabama Life and Disability Insurance
Guaranty Association, established in Chapter 44, Title 27, Code of Alabama 1975,
the Alabama Health Maintenance Organization Guaranty Association, established pursuant
to Section 27-21A-12(i), Code of Alabama 1975, in Alabama Insurance Regulations
82 and 83, and the Alabama Insurance Underwriting Association, established in Alabama
Insurance Regulation 52, hereinafter collectively referred to as the "associations",
are all subject to the authority of the Alabama Commissioner of Insurance. None
of these associations are subject to Title V of the Gramm-Leach-Bliley Act (15 U.S.C.
§§ 6801-6827), nor are they subject to Alabama Insurance Regulation 122.
The undersigned hereby adopts the following privacy policy for the above mentioned
associations:
Except for the protection of the individual policyowners, insurers, beneficiaries,
annuitants, payees, and assignees of insurance policies, annuity contracts, and
supplemental contracts against the results of insurer insolvency or potential insurer
inability to meet contractual obligations, the associations shall not disclose the
nonpublic personal information of such individuals. Although the associations may
notify any person or entity of this privacy policy, the associations are not obligated
to provide any such notification.