A settlement made under a motor vehicle liability insurance policy of a claim against an insured arising under that policy from an accident or other event insured against for damage to or destruction of property owned by another person may not be construed as an admission of liability by the insured, or the insurer's recognition of that liability, with respect to any other claim arising from the same accident or event. The settlement shall be inadmissable in evidence in any legal action.
Structure Alaska Statutes
Chapter 96. Miscellaneous Provisions
Sec. 21.96.015. Workplace safety program.
Sec. 21.96.018. Transportation network company insurance provisions.
Sec. 21.96.020. Required motor vehicle coverage.
Sec. 21.96.025. Motor vehicle insurance rate reductions.
Sec. 21.96.035. Mandatory appraisal.
Sec. 21.96.050. Arson information.
Sec. 21.96.060. Medicare supplemental insurance.
Sec. 21.96.070. Insurance tax education credit.
Sec. 21.96.080. Electronic transactions.
Sec. 21.96.090. Risk retention groups and purchasing groups.
Sec. 21.96.100. Appointment of independent counsel; conflicts of interest; settlement.
Sec. 21.96.110. Viatical settlement transactions.