If property insurance is required in connection with a debt or loan, the debtor or borrower has the reasonable right to select the insurance producer and insurer through whom the insurance is to be placed if (1) the insurance is provided for the protection of the creditor's or lender's interest in the property at the commencement of the risk; or (2) in the case of renewal of insurance, the renewal policy is delivered to the creditor or lender no later than 30 days before the renewal date.
Structure Alaska Statutes
Chapter 36. Trade Practices and Frauds
Article 1. Trade Practices in General.
Sec. 21.36.020. Unfair methods, deceptive acts prohibited.
Sec. 21.36.025. Unfair marketing practices prohibited.
Sec. 21.36.030. Misrepresentation and false advertising of insurance policies.
Sec. 21.36.040. False information, advertising.
Sec. 21.36.050. Twisting prohibited.
Sec. 21.36.060. False or misleading financial statements.
Sec. 21.36.080. Boycott, coercion, and intimidation.
Sec. 21.36.090. Unfair discrimination.
Sec. 21.36.096. Prohibited denial of claim for causation.
Sec. 21.36.110. Exceptions to discrimination and rebates.
Sec. 21.36.120. Unfair discrimination and rebates prohibited in property and casualty insurance.
Sec. 21.36.125. Unfair claim settlement practices.
Sec. 21.36.130. Stock operations and advisory board contracts.
Sec. 21.36.160. Right of debtor or borrower to select insurance producer and insurer.
Sec. 21.36.170. Interlocking ownership, management.
Sec. 21.36.185. Maintenance of complaint handling records.
Sec. 21.36.190. Fictitious groups.
Sec. 21.36.195. Surplus lines brokers and insurance producers; prohibited acts.