An insurer doing business in this state may not make, write, place, or cause to be made, written, or placed in this state a policy, duplicate policy, or contract of insurance of any kind or character, or general or floating policy upon persons or property resident, situated, or located in this state, from or through a person required to be licensed who has not secured a license in this state. An insurer may not pay a commission or any form of remuneration to a person, firm, or organization for the writing or placing of insurance coverage in this state unless that person, firm, or organization holds a license issued by the director.
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.