00 Enrolled SB 61
01 Relating to claims against protection and indemnity insurance policies of vessel owners.
03 * Section 1. AS 23.35.145 is amended to read:
04 Sec. 23.35.145. Claim of vessel owner. If a fisherman files a claim for
05 benefits under this chapter and also files a claim against the protection and indemnity
06 insurance policy of the vessel owner, the vessel owner is entitled to receive a benefit,
07 not to exceed the amount of the actual loss, that is the lesser of
08 (1) [50 PERCENT OF] the full amount of the protection and
09 indemnity insurance policy deductible; or
10 (2) $5,000.