SB 61: "An Act relating to claims against protection and indemnity insurance policies of vessel owners."
00 SENATE BILL NO. 61 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.