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HB 443: "An Act relating to workers' compensation; and providing for an effective date."

00HOUSE BILL NO. 443 01 "An Act relating to workers' compensation; and providing for an effective date." 02 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 03 * Section 1. AS 23.30.080 is amended by adding a new subsection to read: 04  (e) If an employer fails to insure or provide security as required by 05 AS 23.30.075, the board shall require the employer to pay to the employee a penalty 06 equal to 50 percent of the compensation due under this chapter. 07 * Sec. 2. AS 23.30.155(o) is amended to read: 08  (o) If [THE BOARD SHALL PROMPTLY NOTIFY THE DIVISION OF 09 INSURANCE IF] the board determines that the employer's insurer has frivolously or 10 unfairly controverted compensation due under this chapter , the board shall promptly 11 notify the division of insurance and shall require the employer to pay the 12 employee a penalty equal to 50 percent of the compensation due under this 13 chapter . After receiving notice from the board, the division of insurance shall 14 determine if the insurer has committed an unfair claim settlement practice under

01 AS 21.36.125. 02 * Sec. 3. This Act takes effect July 1, 2000.