(a) A person other than an insured, who in this state represents or aids a nonadmitted insurer in violation of AS 21.33.037, is subject to a civil penalty of not more than $50,000 in addition to applicable criminal penalties and other penalties prescribed in this title.
(b) In addition to any other penalty provided, a person who violates a provision of this chapter is subject to a civil penalty of not more than $10,000 for the first offense and not more than $100,000 for each succeeding violation.
(c) [Repealed, ยง 223 ch 67 SLA 1992.]
Structure Alaska Statutes
Chapter 33. Unauthorized Insurers
Sec. 21.33.021. Service of process on director.
Sec. 21.33.025. Service of process on lieutenant governor.
Sec. 21.33.031. Defendant's duties and rights.
Sec. 21.33.035. Attorney fees.
Sec. 21.33.037. Acting for or aiding nonadmitted insurers prohibited.
Sec. 21.33.042. Suits by nonadmitted insurers.
Sec. 21.33.045. Investigation and disclosure of insurance contracts.
Sec. 21.33.055. Unauthorized insurance premium tax.
Sec. 21.33.061. Independently procured insurance; premium tax.
Sec. 21.33.063. Agreements with other states.