(a) The director may require insurers, except a reciprocal insurer formed under Alaska Stat. Chapter 21.75, as a condition of writing a line of insurance dealing with medical malpractice or workers’ compensation, to participate in an assigned risk pool if the director finds that mandatory carrier participation is in the public interest.
lawyer at desk

Ask an insurance law question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Alaska Statutes 21.39.155

(b) The assigned risk pool and the procedures to be followed in administering the pool shall be established by regulation.
(c) An insurer may impose a surcharge not to exceed 25 percent of the premium for assigned risk pool insurance, except that a surcharge may not be applied to the first $3,000 in premium in any policy year.
  Previous section
Next section  
 Chapter 39 Contents