Sec. 21.87.250. Examination.
Every service corporation shall be subject to examination by the director, with the same rights and powers and in the same manner as is provided in this title for the examination of insurers; and for the purposes thereof AS 21.06.120 – 21.06.180 shall, to the extent applicable, apply to such a corporation, which, for the […]
Sec. 21.96.020. Required motor vehicle coverage.
(a) An automobile liability policy that insures an owner or operator of a motor vehicle against loss resulting from liability for bodily injury or death, or for property injury or destruction, or both, that is sold in the state, must contain limits in at least the amount prescribed for a motor vehicle liability policy in […]
Sec. 21.87.260. Taxation.
Every hospital and medical service corporation doing business under this chapter shall be taxed as provided in AS 21.09.210.
Sec. 21.96.025. Motor vehicle insurance rate reductions.
(a) An insurer shall provide an appropriate reduction in the premium charged for a personal motor vehicle liability insurance policy when the principal operator of the motor vehicle covered by the insurance policy (1) is 55 years of age or older; (2) at renewal requests the insurer to provide the reduction; (3) has had no […]
Sec. 21.87.270. Joint operations.
(a) A hospital service corporation and a medical service corporation may operate under joint management for the purpose of reducing operating costs. (b) Separate records and accounts shall be kept for each corporation, and the funds and assets of one may not be commingled with those of the other; except that funds received from a […]
Sec. 21.96.030. Payment.
Unless another form of payment is agreed to by the policyholder or beneficiary, an insurance company doing business in this state may not pay a judgment or settlement of a claim in this state for a loss incurred in this state with an instrument other than a negotiable bank check payable on demand and bearing […]
Sec. 21.87.280. Combined corporation.
(a) A service corporation may be formed as, or may by suitable amendment of its articles of incorporation become, a combined medical service and hospital service corporation. As to its medical services each combined service corporation shall fully comply with those provisions of this chapter especially applicable as to medical service corporations; and as to […]
Sec. 21.96.035. Mandatory appraisal.
A motor vehicle or similar policy, a policy providing property coverage, or any other policy providing first party property, casualty, or inland marine coverage, issued or delivered in this state, must include an appraisal clause providing a contractual means to resolve a dispute between the insured and the insurer over the value of a covered […]
Sec. 21.87.290. Contracts covering workers’ compensation risks.
A service corporation may not issue a subscriber’s contract covering, or otherwise insure, an industrial injury or illness if health care service or indemnity benefits are provided by either federal or state law, or under the Alaska Workers’ Compensation Act.
Sec. 21.87.300. Annual adjustment of service payments.
(a) At least once each year each service corporation shall make a special accounting, at which time any prorated settlements for bills submitted by participant providers or hospitals for services rendered during the preceding calendar year shall be adjusted, and any deficits made up on a uniform basis as to all participants to the extent […]