Alaska Statutes Sec. 21.33.910 - Definitions

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 .

Section: Previous  21.33.055  21.33.060  21.33.061  21.33.063  21.33.065  21.33.068  21.33.070  21.33.071  21.33.080  21.33.310  21.33.320  21.33.330  21.33.900  21.33.910  

Last modified: November 15, 2016