(a) Each insurer applying for authority to transact insurance in this state shall appoint the director as its attorney to receive service of legal process issued against it in this state. The appointment shall be made on a form designated and furnished by the director. The appointment shall be irrevocable, shall bind the insurer and any successor in interest to the assets or liabilities of the insurer, and shall remain in effect as long as there is in force in this state a contract made by the insurer or obligations arising from it.
(b) Service of process against a foreign or alien insurer shall be made only by service of process upon the director or upon a deputy or other person in charge of the office during the absence of the director. Service of process against a domestic insurer may be made either upon the director or upon the insurer corporation in the manner provided by laws applying to corporations generally, or upon the insurer's attorney-in-fact if a domestic reciprocal insurer.
(c) Each insurer at the time of application for a certificate of authority shall file with the director the name and address of the person to whom process against it served upon the director is to be forwarded. The insurer may change the designation by a new filing.
Structure Alaska Statutes
Chapter 09. Authorization, Corporate Governance Requirements
Article 1. Authorization of Insurers and General Requirements.
Sec. 21.09.010. Certificate of authority required.
Sec. 21.09.020. Exception from certificate of authority requirement.
Sec. 21.09.030. Admission for investment only.
Sec. 21.09.040. General eligibility of insurers.
Sec. 21.09.050. Name of insurer.
Sec. 21.09.060. Combinations of insuring powers in one insurer.
Sec. 21.09.070. Capital funds required of foreign insurers and new domestic insurers.
Sec. 21.09.080. Capital funds required of old domestic insurers.
Sec. 21.09.090. Deposit requirement.
Sec. 21.09.100. Management and affiliations.
Sec. 21.09.110. Application for certificate of authority.
Sec. 21.09.120. Issuance, refusal, and ownership of certificate.
Sec. 21.09.130. Continuance, expiration, reinstatement, and amendment of certificate.
Sec. 21.09.135. Voluntary surrender of certificate of authority.
Sec. 21.09.140. Mandatory revocation or suspension of certificate.
Sec. 21.09.150. Suspension or revocation for violations and special grounds.
Sec. 21.09.160. Notice of suspension or revocation and effect upon agent's authority.
Sec. 21.09.170. Duration of suspension, insurer's obligations, and reinstatement.
Sec. 21.09.175. Determination of impairment.
Sec. 21.09.180. Director attorney for service of process.
Sec. 21.09.190. Service of process.
Sec. 21.09.200. Annual statement; audited financial report.
Sec. 21.09.205. Quarterly statement.
Sec. 21.09.207. Statement of actuarial opinion and supporting documentation.
Sec. 21.09.210. Tax on insurers.
Sec. 21.09.242. Cooperation with the Department of Health.
Sec. 21.09.245. Required notice.
Sec. 21.09.247. Biographical affidavits.
Sec. 21.09.250. Prohibited acts.
Sec. 21.09.290. Risk retention groups.
Sec. 21.09.300. Disclosure of material transactions.
Sec. 21.09.310. Authorization of United States branches of alien insurers and general requirements.
Sec. 21.09.320. Maintenance of records; production; civil penalty.