Alaska Statutes Title 21, Chapter 21.12 - Kinds of Insurance, Limits of Risk, and Reinsurance

• Sec. 21.12.010 Limit of Risk.
  (a) An insurer may not retain a risk on any one subject of insurance, whether located or to be performed in this state or...
• Sec. 21.12.020 Reinsurance Credit Allowed a Domestic Ceding Insurer.
  (a) Credit for reinsurance transactions shall be allowed a domestic ceding insurer as either an asset or a deduction from liability on account of...
• Sec. 21.12.025 Assumption Reinsurance.
  (a) A nondomestic admitted insurer may not carry out an agreement of assumption reinsurance with a nonadmitted insurer that would transfer Alaska policyholders unless(1)...
• Sec. 21.12.030 Definitions Not Mutually Exclusive.
  It is intended that certain insurance coverages may come within the definitions of two or more kinds of insurance as defined in this chapter,...
• Sec. 21.12.040 Life Insurance Defined.
  Life insurance is insurance on human lives. The transaction of life insurance includes also the granting of endowment benefits, additional benefits for death or...
• Sec. 21.12.050 Health and Health Care Insurance Defined.
  (a) Health insurance is insurance of human beings (1) against bodily injury, disablement, or death by accident or accidental means; (2) against the resulting...
• Sec. 21.12.052 Disability Insurance Defined.
  Disability insurance is insurance that provides periodic income payments when income is interrupted or terminated because of disability resulting from sickness, injury, or dismemberment,...
• Sec. 21.12.055 Annuities and Annuity Contract Defined.
  (a) Annuities means all agreements to make periodical payments if the making or continuance of all or some of a series of payments or...
• Sec. 21.12.060 Property Insurance Defined.
  Property insurance is insurance on real or personal property of every kind and of every interest therein, whether on land, water, or in the...
• Sec. 21.12.070 Casualty Insurance Defined.
  (a) Casualty insurance includes(1) vehicle insurance: insurance against loss of or damage to a land vehicle or aircraft or a draft or riding animal...
• Sec. 21.12.080 Surety Insurance Defined.
  Surety insurance includes(1) fidelity insurance, which is insurance guaranteeing the fidelity of persons holding positions of public or private trust;(2) insurance guaranteeing the performance...
• Sec. 21.12.090 Marine, Wet Marine, and Transportation Insurance Defined.
  (a) "Marine insurance" includes(1) insurance against any and all kinds of loss or damage to(A) vessels, craft, aircraft, cars, automobiles, and vehicles of every...
• Sec. 21.12.100 Title Insurance Defined. [Repealed, Sec. 8 Ch 120 Sla 1974. for Current Law See As 21.66.480 ].
  
  Repealed or Renumbered
• Sec. 21.12.110 Mortgage Guaranty Insurance Defined.
  Mortgage guaranty insurance includes insurance against financial loss by reason of nonpayment of principal, interest, and other sums agreed to be paid under the...
• Sec. 21.12.120 [Renumbered As As 21.12.020 (G)].
  
  Repealed or Renumbered
• Sec. 21.12.130 Commercial Insurance Defined.
  Commercial insurance is any line of property insurance, as defined in AS 21.12.060 , or casualty insurance, as defined in AS 21.12.070, that is...

Last modified: November 15, 2016