The board of governors may
(1) upon a majority vote, make recommendations to the director regarding matters generally related to improving or enhancing regulation for insurer solvency; or
(2) at the conclusion of an insurer insolvency in which the association was obligated to pay covered claims, prepare a report on the history and causes of the insolvency, based on the information available to the association, and submit this report to the director.
Structure Alaska Statutes
Chapter 80. Alaska Insurance Guaranty Association Act
Sec. 21.80.020. Applicability.
Sec. 21.80.040. Creation of association.
Sec. 21.80.050. Board of governors.
Sec. 21.80.060. Powers and duties of the association.
Sec. 21.80.070. Plan of operation.
Sec. 21.80.080. Duties and powers of the director.
Sec. 21.80.090. Effect of paid claims.
Sec. 21.80.095. Prohibited claims.
Sec. 21.80.100. Nonduplication of recovery.
Sec. 21.80.110. Prevention of insolvencies.
Sec. 21.80.120. Examination of the association.
Sec. 21.80.130. Tax exemption.
Sec. 21.80.140. Recognition of assessments in surcharge rates.
Sec. 21.80.160. Stay of proceedings and reopening of default judgments.