Title 21 — Insurance
53 chapters · 1,244 sections in this title.
AS 21.33.010 Unauthorized insurers (unadmitted companies). [Repealed, § 2 ch 234 SLA 1968.]
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[Repealed or reserved.]
AS 21.33.011 Purpose.
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The legislature declares that insurance transactions with nonadmitted insurers are so affected with a public interest as to require regulation, taxation, supervision, and control of the transactions and matters relating to nonadmitted insurance as provided in this chapter in orde…
AS 21.33.015 Unauthorized insurance prohibited. [Repealed, § 26 ch 117 SLA 1984.]
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[Repealed or reserved.]
AS 21.33.020 Unauthorized Insurers Process Act. [Repealed, § 2 ch 234 SLA 1968.]
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[Repealed or reserved.]
AS 21.33.021 Service of process on director.
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(a) The transaction of insurance by an unauthorized person or nonadmitted insurer is equivalent to and constitutes an irrevocable appointment by that person or insurer, binding upon the person or insurer, the executor, administrator, or personal representative of the person or in…
AS 21.33.025 Service of process on lieutenant governor.
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(a) The transaction of insurance by an unauthorized person or nonadmitted insurer is equivalent to and constitutes an irrevocable appointment by that person or insurer, binding upon the person or insurer, the executor, administrator, or personal representative of the person or in…
AS 21.33.030 Director process agent. [Repealed, § 2 ch 234 SLA 1968.]
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[Repealed or reserved.]
AS 21.33.031 Defendant's duties and rights.
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(a) Before an unauthorized person or nonadmitted insurer files or causes to be filed a pleading, a court action, suit, or proceeding or a notice, order, pleading, or process in an administrative proceeding before the director instituted against the person or insurer, by service m…
AS 21.33.035 Attorney fees.
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In an action against an unauthorized person or nonadmitted insurer upon a contract of insurance issued or delivered in this state to a resident or to a corporation authorized to do business in this state, if the person or insurer has failed for 30 days after demand before the com…
AS 21.33.037 Acting for or aiding nonadmitted insurers prohibited.
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(a) A person may not directly or indirectly act as agent for, or otherwise represent, assist, or aid on behalf of another, a nonadmitted insurer in the transaction of insurance in this state. (b) This section does not apply to (1) matters authorized to be done by the director; (2…
AS 21.33.040 Service of process. [Repealed, § 2 ch 234 SLA 1968.]
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[Repealed or reserved.]
AS 21.33.041 Contract validity. [Repealed, § 26 ch 117 SLA 1984.]
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[Repealed or reserved.]
AS 21.33.042 Suits by nonadmitted insurers.
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A nonadmitted insurer may not commence or maintain an action in law or equity in this state to enforce a right arising out of a transaction of insurance in this state except with respect to (1) claims under policies lawfully written in this state; (2) liquidation of assets and li…
AS 21.33.045 Investigation and disclosure of insurance contracts.
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(a) When the director has reason to believe that insurance has been effectuated by or for a person in this state with a nonadmitted insurer, the director shall in writing order the person to produce for examination all insurance contracts and other documents evidencing insurance …
AS 21.33.050 Exemptions from service of process provisions. [Repealed, § 2 ch 234 SLA 1968.]
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[Repealed or reserved.]
AS 21.33.051 Reporting of unauthorized insurance. [Repealed, § 26 ch 117 SLA 1984.]
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[Repealed or reserved.]
AS 21.33.055 Unauthorized insurance premium tax.
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(a) Except as to premiums on lawfully procured surplus lines insurance exported under AS 21.34 and premiums on independently procured insurance on which a tax has been paid under AS 21.33.061, every nonadmitted insurer shall pay to the director, on or before March 1 following the…
AS 21.33.060 Defense of action by unauthorized insurer. [Repealed, § 2 ch 234 SLA 1968.]
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[Repealed or reserved.]
AS 21.33.061 Independently procured insurance; premium tax.
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(a) Every insured who procures or causes to be procured or continues or renews insurance with a nonadmitted insurer, or an insured or self-insurer who so procures or continues excess loss, catastrophe or other insurance, upon a subject of insurance resident, located, or to be per…
AS 21.33.063 Agreements with other states.
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The director is authorized to participate in an agreement with another state for the purposes of collecting and disbursing to the other state any premium tax collected under this chapter and payable to the other state and for receiving from the other state premium tax it has coll…
AS 21.33.065 Penalties.
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(a) A person other than an insured, who in this state represents or aids a nonadmitted insurer in violation of AS 21.33.037, is subject to a civil penalty of not more than $50,000 in addition to applicable criminal penalties and other penalties prescribed in this title. (b) In ad…
AS 21.33.068 Venue. [Repealed, § 26 ch 117 SLA 1984.]
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[Repealed or reserved.]
AS 21.33.070 Attorney fees. [Repealed, § 2 ch 234 SLA 1968.]
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[Repealed or reserved.]
AS 21.33.071 Secs. 21.33.071 , 21.33.075. Insurer and insurance business defined; exceptions. [Repealed, § 26 ch 117 SLA 1984.]
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[Repealed or reserved.]
AS 21.33.080 Secs. 21.33.080 — 21.33.300. Surplus Lines Insurance Law. [Repealed, § 26 ch 117 SLA 1984.]
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[Repealed or reserved.]
AS 21.33.310 Exemptions from surplus line law. [Repealed, § 13 ch 21 SLA 1985.]
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[Repealed or reserved.]
AS 21.33.320 [Renumbered as AS 21.33.900.]
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[Repealed or reserved.]
AS 21.33.330 Surplus line broker defined. [Repealed, § 13 ch 21 SLA 1985.]
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[Repealed or reserved.]
AS 21.33.900 Records of insureds.
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In order that the director may effectively administer this chapter, a person who has placed insurance with an unauthorized insurer shall, upon the director's order, produce for the examination of the director all policies and other documents evidencing the insurance and shall dis…
AS 21.33.910 Definitions.
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In this chapter, (1) “export” means to place surplus lines insurance with a nonadmitted insurer; (2) “transaction of insurance” means the solicitation, negotiation, procurement, effectuation, or renewal of insurance; forwarding of applications; delivery of policies or contracts; …