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HB 379: "An Act relating to claims against protection and indemnity insurance policies of vessel owners."

00                             HOUSE BILL NO. 379                                                                          
01 "An Act relating to claims against protection and indemnity insurance policies of vessel                                
02 owners."                                                                                                                
03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
04    * Section 1. AS 23.35.145 is amended to read:                                                                      
05 Sec. 23.35.145. Claim of vessel owner. If a fisherman files a claim for                                               
06 benefits under this chapter and also files a claim against the protection and indemnity                                 
07 insurance policy of the vessel owner, the vessel owner is entitled to receive a benefit,                                
08       not to exceed the amount of the actual loss, that is the lesser of                                                
09                 (1)  [50 PERCENT OF] the full amount of the protection and                                          
10       indemnity insurance policy deductible; or                                                                         
11                 (2)  $5,000.