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2019 Alaska Statutes
Title 21. Insurance
Chapter 33. Unauthorized Insurers
Sec. 21.33.910. Definitions.
Universal Citation: AK Stat § 21.33.910 (2019)
In this chapter,
(1) “export” means to place surplus lines insurance with a nonadmitted insurer;
(2) “transaction of insurance” means the solicitation, negotiation, procurement, effectuation, or renewal of insurance; forwarding of applications; delivery of policies or contracts; inspection of risks; fixing of rates; investigation or adjustment of claims or losses; collection or forwarding of premiums; or transaction of matters subsequent to effectuation of the contract of insurance and arising out of it;
(3) “unauthorized person” means a person not licensed as a surplus lines broker, or not a salaried employee of the insured;
(4) “wet marine and transportation insurance” has the meaning given in AS 21.34.900.
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