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53 chapters · 1,250 sections in this title.
AS 21.78.272 Reinsurer's liability.
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The amount recoverable by the receiver from reinsurers may not be reduced as a result of delinquency proceedings, regardless of a provision in the reinsurance contract or other agreement. Payment made directly to an insured or other creditor does not diminish the reinsurer's obli…
AS 21.78.280 Special claims.
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(a) A contingent and unliquidated claim may not share in a distribution of the assets of an insurer that has been adjudicated to be insolvent by an order made under this chapter, except that the claim shall be considered, if properly presented, and may be allowed to share if (1) …
AS 21.78.281 Special provisions for third-party claims.
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(a) If a third party asserts a cause of action against an insured of an insurer in liquidation, the third party may file a claim with the receiver. (b) Whether or not the third party files a claim, the insured may file a claim on the insured's own behalf in the liquidation. If th…
AS 21.78.290 Notice to creditors and others.
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(a) Unless the court directs otherwise, the receiver shall give or cause to be given notice of the liquidation order as soon as possible after the date of the entry of the order of liquidation (1) by first class mail and telephone, to the insurance director, commissioner, or supe…