Alaska Administrative Code
Title 3 - Commerce, Community, and Economic Development
Part 2 - Division of Insurance
Chapter 25 - Surplus Lines - Unauthorized Insurers
3 AAC 25.140 - Eligibility requirements for surplus lines insurers
Universal Citation: 3 AK Admin Code 3 AAC 25.140
Current through February 24, 2025
(a) The director will place a fo reign surplus lines insurer on the list of eligible surplus lines insurers if the insurer
(1) meets the
requirements of
AS
21.34.040(c)(1) or (2); and
(2) provides certification to the
director that the insurer is authorized to write the kind of insurance in its
domiciliary jurisdiction that the insurer intends to write in this
state.
(b) The director will approve an alien insurer's application for eli gibi lity if the alien
(1) is not listed on the li st described in
AS
21.34.040(c)(7);
(2) meets the requirements under
AS
21.34.040;
(3) pays the fee required under
3
AAC 31.060(a)(8); and
(4) submits on forms approved by the director
(A) a completed application;
(B) the appointment of the di rector to
receive service of legal process; and
(C) the designation of a contact person for
the insurer.
Authority:AS 21.06.090
AS 21.34.040
AS 21.34.250
Disclaimer: These regulations may not be the most recent version. Alaska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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