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HB 270: "An Act allowing the establishment of an assigned risk pool for aviation insurance."

00 HOUSE BILL NO. 270 01 "An Act allowing the establishment of an assigned risk pool for aviation insurance." 02 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 03 * Section 1. AS 21.39.155(a) is amended to read: 04 (a) The director may require insurers, except a reciprocal insurer formed by 05 and insuring only a group of municipalities or nonprofit public utilities under 06 AS 21.75 or a reciprocal insurer formed under AS 21.75 to provide marine insurance, 07 as a condition of writing a line of insurance dealing with aviation, medical 08 malpractice, or workers' compensation, to participate in an assigned risk pool if the 09 director finds that mandatory carrier participation is in the public interest.