Legislature(2001 - 2002)

2002-05-13 Senate Journal

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2002-05-13                     Senate Journal                      Page 3445
Senator Taylor, Chair, moved and asked unanimous consent for the                                    
adoption of the Judiciary Senate Committee Substitute offered on page                               
3335. Without objection, SENATE CS FOR CS FOR HOUSE BILL                                            
NO. 246(JUD) "An Act relating to regulation of a person providing                                   
insurance for the cost of medical care, to confidentiality of insurance                             
records, to insurance hearings, to insurance fees, to annual and                                    
quarterly statements by insurers, to managed care insurance, to taxes                               
on insurance, to insurer certificates of authority, to risk based capital                           
for insurers, to unauthorized and nonadmitted insurers, to surplus lines                            
insurance, to health insurance, to life insurance, to annuity insurance,                            
to consumer credit insurance, to insurer liquidation, to multiple                                   
employer welfare arrangements, to title insurance, to the Alaska                                    
Insurance Guaranty Association, to hospital and medical service                                     
corporations, and to regulation of insurance producers, agents, brokers,                            
managers, and adjusters; and providing for an effective date" was                                   
adopted and read the second time.                                                                   
                                                                                                    
Senator Donley offered Amendment No. 1 :                                                             
                                                                                                    
Page 1, line 8, following "corporations,":                                                        
 Insert "to motor vehicle insurance,"                                                             
                                                                                                    
Page 37, following line 8:                                                                          
 Insert a new bill section to read:                                                                 
   "* Sec. 60.  AS 21.89.020 is amended by adding new subsections to                              
read:                                                                                               
 (i)  An insurance company offering automobile liability insurance                                  
in this state for injury to or destruction of property shall initially offer,                       
in writing, to cover the insured person against medical expenses as a                               
result of bodily injury or death resulting from the operation of a motor                            
vehicle.  An insured who declines coverage offered under this                                       
subsection shall, at the initial offer, sign a waiver of coverage.                                  
 (j)  An insurance company providing comprehensive coverage for                                     
loss or damage to a motor vehicle shall, as a part of the comprehensive                             
coverage, provide coverage for at least 75 percent of the cost of                                   
replacing a malfunctioning safety belt in the covered motor vehicle.                                
Coverage provided under this subsection is in addition to coverage for                              
direct and accidental loss of or damage to the motor vehicle."                                      
                                                                                                    
Renumber the following bill sections accordingly.