Commercial insurance is any line of property insurance, as defined in AS 21.12.060, or casualty insurance, as defined in AS 21.12.070, that is for business and professional interests, whether for profit, nonprofit, or public in nature. For purposes of filing rates under AS 21.39.040 and forms under AS 21.42.120, commercial insurance does not include workers' compensation insurance.
Structure Alaska Statutes
Chapter 12. Kinds of Insurance, Limits of Risk, and Reinsurance
Sec. 21.12.010. Limit of risk.
Sec. 21.12.020. Reinsurance credit allowed a domestic ceding insurer.
Sec. 21.12.025. Assumption reinsurance.
Sec. 21.12.030. Definitions not mutually exclusive.
Sec. 21.12.040. Life insurance defined.
Sec. 21.12.050. Health and health care insurance defined.
Sec. 21.12.052. Disability insurance defined.
Sec. 21.12.055. Annuities and annuity contract defined.
Sec. 21.12.060. Property insurance defined.
Sec. 21.12.070. Casualty insurance defined.
Sec. 21.12.080. Surety insurance defined.
Sec. 21.12.090. Marine, wet marine, and transportation insurance defined.