There is no liability on the part of and a cause of action of any nature may not arise against a member insurer, the association or its agents or employees, the board of governors or a person serving as an alternate or substitute representative of a governor, or the director or representatives of the director for action taken or a failure to act by them in the performance of their powers and duties under this chapter. However, immunity from liability under this section does not apply to wilful or wanton misconduct.
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.