(a) Except as provided in (c) of this section, a reciprocal insurer may, upon qualifying as provided for by this title, transact any kind or kinds of insurance defined by this title, other than life or title insurances.
(b) The insurer may purchase reinsurance, and may grant reinsurance as to any kind of insurance it is authorized to transact.
(c) The director shall establish by regulation the type of marine insurance that a reciprocal insurer may provide.
Structure Alaska Statutes
Chapter 75. Reciprocal and Cooperative Insurers
Article 1. Reciprocal Insurers.
Sec. 21.75.010. Applicability.
Sec. 21.75.020. Insuring powers of reciprocals.
Sec. 21.75.040. Attorney-in-fact.
Sec. 21.75.045. Licensing of attorneys-in-fact.
Sec. 21.75.050. Surplus funds required.
Sec. 21.75.055. Surplus funds for cooperative insurers.
Sec. 21.75.060. Organization of reciprocal insurer.
Sec. 21.75.070. Certificate of authority.
Sec. 21.75.080. Authority of attorney-in-fact.
Sec. 21.75.090. Modifications.
Sec. 21.75.100. Attorney-in-fact's bond.
Sec. 21.75.110. Action on bond.
Sec. 21.75.115. Examination of an attorney-in-fact.
Sec. 21.75.120. Service of process.
Sec. 21.75.130. Annual statement.
Sec. 21.75.135. Quarterly statements.
Sec. 21.75.140. Contributions to insurer.
Sec. 21.75.150. Determination of financial condition.
Sec. 21.75.160. Who may be subscribers.
Sec. 21.75.170. Subscriber's advisory committee.
Sec. 21.75.180. Subscribers' liability.
Sec. 21.75.190. Subscribers' liability on judgment.
Sec. 21.75.210. Time limit for assessments.
Sec. 21.75.220. Aggregate liability.
Sec. 21.75.230. Nonassessable policies.
Sec. 21.75.240. Distribution of savings.
Sec. 21.75.250. Subscribers' share in assets.
Sec. 21.75.260. Merger or conversion.
Sec. 21.75.270. Financial impairment; determination of insolvency.