Title 21. Insurance. Sec. 21.39.040. Rate filings., Alaska Stat. § 21.39.040


Summary

(a) Each insurer shall file with the director, except as to inland marine risks, which, by general custom of the business, are not written according to manual rates or rating plans, and except for rates for commercial insurance for which the director, by regulation authorizes an informational filing as set out in (k) of this section, every manual, minimum, class rate, rating schedule, loss cost adjustment, or rating plan and every other rating rule, and each modification of any of them that it proposes to use. Each filing
(1) shall be made under the applicable filing procedures in AS 21.39.041, 21.39.210, or 21.39.220;
(2) must state the proposed effective date; the effective date may be
(A) a specific date;
(B) the date the filing is approved by the director; or
(C) a date conditioned on some other event when approved by the director; and
(3) must indicate the character and extent of the coverage contemplated.
(b) An insurer may satisfy its obligation to make filings by becoming a member of, or a ...