(a) Every company, on or before March 1 of each year, shall furnish the director or the director's designee a sworn statement of assets and liabilities, and of all title premiums received by it during the preceding calendar year, setting out, among other things, the amounts that have been set aside and held by it in an account required under AS 21.18.073. The reporting format for a given year is the most recently approved National Association of Insurance Commissioners Annual Financial Statement blank form and instructions, supplemented for additional information as required by the director. The director may require the statement to be filed on electronic media. The statement must also show all unpaid losses and claims upon title insurance policies of which the title insurance company has received due notice in writing from or on behalf of the insured. With the filing of the statement, the title insurance company shall pay a filing fee set under AS 21.06.250.
(b) A domestic title insurance company shall comply with AS 21.09.200(f).
Structure Alaska Statutes
Chapter 66. Title Insurance Companies
Sec. 21.66.010. Paid in capital and reserves.
Sec. 21.66.020. Deposits in guaranty fund; insolvency of insurance company.
Sec. 21.66.080. Annual statement.
Sec. 21.66.085. Quarterly statement.
Sec. 21.66.090. Application for certificate of authority.
Sec. 21.66.110. Annual tax on title insurance premiums.
Sec. 21.66.120. Examination by director.
Sec. 21.66.170. Determination of insurability required.
Sec. 21.66.180. General powers.
Sec. 21.66.190. Limitations on powers.
Sec. 21.66.200. Title plant requirements.
Sec. 21.66.210. Joint plant companies.
Sec. 21.66.220. Net retained liability.
Sec. 21.66.230. Power to reinsure.
Sec. 21.66.270. Title insurance limited producers to be licensed.
Sec. 21.66.280. Title insurance limited producers, books, and records.
Sec. 21.66.290. Title insurance limited producer replies to director inquiries.
Sec. 21.66.300. Certain names prohibited.
Sec. 21.66.310. Rebates prohibited.
Sec. 21.66.330. Examination of records.
Sec. 21.66.340. Additional penalty for rebates.
Sec. 21.66.350. Division of rates.
Sec. 21.66.360. Purpose of title insurance rate regulation.
Sec. 21.66.380. Justification for rates.
Sec. 21.66.390. Making of rates.
Sec. 21.66.400. Disapproval of filings.
Sec. 21.66.410. Rate administration.
Sec. 21.66.420. False or misleading information.
Sec. 21.66.450. Forms of policies and other contracts of title insurance.
Sec. 21.66.460. Filing required for escrow, settlement, and closing charges.