CSHB 175(L&C): "An Act relating to insurance, including treating as confidential certain information submitted to the director of insurance by the National Association of Insurance Commissioners; clarifying conditions for the release of insurer deposits; defining travel insurance that may be sold under a travel insurance limited producer license; establishing criteria for licensing of nonresident independent adjusters as resident adjusters; exempting rewards under a wellness program from treatment as insurance discrimination or rebating; making certain insurance required of the Comprehensive Health Insurance Association permissive rather than mandatory; making certain provisions relating to statements on applications and guaranteed renewability for individual health insurance applicable to hospital and medical service corporations; making public certain forms and related documents filed for approval by a hospital or medical service corporation after the filing becomes effective; relating to deposits of self-funded multiple employer welfare arrangements; repealing reasons that the director of insurance may use to deny or revoke a license; and providing for an effective date."
00 CS FOR HOUSE BILL NO. 175(L&C) 01 "An Act relating to insurance, including treating as confidential certain information 02 submitted to the director of insurance by the National Association of Insurance 03 Commissioners; clarifying conditions for the release of insurer deposits; defining travel 04 insurance that may be sold under a travel insurance limited producer license; 05 establishing criteria for licensing of nonresident independent adjusters as resident 06 adjusters; exempting rewards under a wellness program from treatment as insurance 07 discrimination or rebating; making certain insurance required of the Comprehensive 08 Health Insurance Association permissive rather than mandatory; making certain 09 provisions relating to statements on applications and guaranteed renewability for 10 individual health insurance applicable to hospital and medical service corporations; 11 making public certain forms and related documents filed for approval by a hospital or 12 medical service corporation after the filing becomes effective; relating to deposits of self-
01 funded multiple employer welfare arrangements; repealing reasons that the director of 02 insurance may use to deny or revoke a license; and providing for an effective date." 03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04 * Section 1. AS 21.06.060(f) is amended to read: 05 (f) The following information or records submitted to or obtained by the 06 director are confidential: 07 (1) personally identifiable consumer information; however, the director 08 may disclose the information or records for the purpose of attempting to resolve a 09 consumer complaint; 10 (2) information or records established by a showing satisfactory to the 11 director to be a trade secret or proprietary business information, including 12 (A) detailed health insurance claim cost data; and 13 (B) justification for usual, customary, and reasonable charge 14 determinations; 15 (3) information or records provided by a person not subject to this title 16 at the request of the director if the information or records are identified as confidential 17 by the director; and 18 (4) [FINANCIAL] analysis ratios and examination synopses 19 concerning insurance companies that are submitted to the director by the National 20 Association of Insurance Commissioners. 21 * Sec. 2. AS 21.06.180(b) is amended to read: 22 (b) The office of administrative hearings (AS 44.64.010) shall conduct a 23 hearing on behalf of the director if required under AS 44.64.030. Otherwise, the 24 director shall conduct a hearing if required by a provision of this title, or upon written 25 demand to the director by a person aggrieved by an act, threatened act, or failure of the 26 director to act, or by a report, regulation, or order of the director (other than an order 27 for the holding of a hearing, or an order on hearing or under it). A demand must 28 specify the grounds to be relied upon at the hearing as a basis for the relief. Except as 29 provided under AS 21.27.420(d), unless [UNLESS] postponed by mutual consent or 30 for good cause shown, the hearing shall be held within 30 days after receipt by the
01 director of the written demand. 02 * Sec. 3. AS 21.06.180(c) is amended to read: 03 (c) Except as provided under AS 21.27.420(d), if, [IF] within the 30-day 04 period, the director does not either (1) grant the hearing, or (2) issue an order refusing 05 the hearing, as to the previous report, regulation, or order as to which the person so 06 claims to be aggrieved, the hearing shall be considered to have been refused. 07 * Sec. 4. AS 21.06.190(a) is amended to read: 08 (a) Except as provided in AS 21.27.420(d), a [A] demand for a hearing 09 received by the director before the effective date of an order issued or within 10 days 10 after an order is delivered stays the effectiveness of the order pending the hearing and 11 an order made thereon, except as to action taken or proposed under an order 12 (1) on hearing; 13 (2) under and supplemental to an order on hearing; or 14 (3) based upon impairment of assets or unsound financial condition of 15 an insurer. 16 * Sec. 5. AS 21.24.130(d) is amended to read: 17 (d) If a domestic [THE] insurer is subject to delinquency proceedings under 18 [AS DEFINED IN] AS 21.78, [UPON THE ORDER OF A COURT OF 19 COMPETENT JURISDICTION,] the director shall yield the assets and securities held 20 on deposit under AS 21.09.090(b) to the receiver, conservator, rehabilitator, or 21 liquidator of the domestic insurer [, OR TO ANY OTHER PROPERLY 22 DESIGNATED OFFICIAL OR OFFICIALS WHO SUCCEED TO THE 23 MANAGEMENT AND CONTROL OF THE INSURER'S ASSETS]. The director 24 may release the deposit directly to the guaranty fund of which the insurer is a member 25 if the right to receive all or a portion of the deposit is assigned to the guaranty fund. 26 * Sec. 6. AS 21.24.130(f) is amended to read: 27 (f) If a foreign [AN] insurer that is a member of the Alaska Life and 28 Health Insurance Guaranty Association (AS 21.79) or the Alaska Insurance 29 Guaranty Association (AS 21.80) is found to be insolvent by a proceeding under 30 AS 21.78 or by a court of competent jurisdiction in another state, the director shall 31 take control of the insurer's deposit made under AS 21.09.090(b). The deposit assets
01 shall be released [, AT THE DISCRETION OF THE DIRECTOR,] to the applicable 02 guaranty association upon a showing to the director that the association paid 03 [ALASKA INSURANCE GUARANTY ASSOCIATION (AS 21.80) TO 04 REIMBURSE FOR] a valid loss, [AND] loss expense, or contractual obligation 05 [CLAIM PAYMENT MADE BY THE ASSOCIATION] that is within the purpose of 06 the deposit. After the director determines that all losses, loss expense liabilities, or 07 contractual obligations that were incurred on the insurer's policies written in this 08 state for which the deposit was required have been paid, the [THE] director shall 09 pay the remaining deposit assets to the receiver, conservator, rehabilitator, or 10 liquidator of the insurer, or to another properly designated official who succeeds to the 11 management and control of the insurer's assets [, AFTER THE DIRECTOR 12 DETERMINES THAT ALL LOSS AND LOSS EXPENSE LIABILITIES HAVE 13 BEEN PAID THAT WERE INCURRED ON THE INSURER'S POLICIES 14 WRITTEN IN THIS STATE FOR WHICH THE DEPOSIT WAS REQUIRED]. 15 * Sec. 7. AS 21.24.130 is amended by adding a new subsection to read: 16 (g) If an insurer is not a member of the Alaska Life and Health Guaranty 17 Association established by AS 21.79 or the Alaska Insurance Guaranty Association 18 established by AS 21.80, the director shall take control of the insurer's deposit made 19 under AS 21.09.090(b) if the insurer is found to be insolvent by a proceeding under 20 AS 21.78 or by a court of competent jurisdiction in another state. The director shall 21 release the deposit assets to the receiver, conservator, rehabilitator, or liquidator of the 22 insurer, or to any other properly designated official who succeeds to the management 23 and control of the insurer's assets. 24 * Sec. 8. AS 21.27.140(b) is amended to read: 25 (b) A firm may not be licensed as an insurance producer, managing general 26 agent, reinsurance intermediary broker, reinsurance intermediary manager, surplus 27 lines broker, or independent adjuster, or transact insurance unless each individual 28 employed as an insurance producer, managing general agent, surplus lines broker, 29 trainee independent adjuster, or independent adjuster by the firm is licensed as an 30 individual in the firm. [EACH COMPLIANCE OFFICER OF THE FIRM SHALL BE 31 LICENSED AS AN INDIVIDUAL IN THE FIRM FOR A SPECIFIC LINE AND
01 CLASS OF AUTHORITY. IF THERE IS MORE THAN ONE COMPLIANCE 02 OFFICER, THE COMBINED AUTHORITY OF ALL COMPLIANCE OFFICERS 03 SHALL COVER ALL THE POWERS CONFERRED BY THE FIRM'S LICENSE.] 04 * Sec. 9. AS 21.27.150(a) is amended to read: 05 (a) The director may issue a 06 (1) travel insurance limited producer license to a person who is 07 appointed under AS 21.27.100 and who sells insurance connected with 08 transportation provided by a common carrier, and limited to a specific trip, that 09 covers 10 (A) trip cancellation; 11 (B) trip interruption; or 12 (C) life, health, disability, or personal effects 13 [TRANSPORTATION TICKETS OF A COMMON CARRIER OF PERSONS 14 OR PROPERTY, WHO IS APPOINTED UNDER AS 21.27.100 FOR 15 TRANSPORTATION TICKET POLICIES OF HEALTH INSURANCE, 16 BAGGAGE INSURANCE ON PERSONAL EFFECTS, AND TRIP 17 CANCELLATION OR TRIP INTERRUPTION INSURANCE]; 18 (2) title insurance limited producer license to a person whose place of 19 business is located in this state and whose sole purpose is to be appointed by and act 20 on behalf of a title insurer; 21 (3) bail bond limited producer license to a person who is appointed by 22 and acts on behalf of a surety insurer pertaining to bail bonds; 23 (4) motor vehicle rental agency limited producer license to a person 24 and, subject to the approval of the director, to employees of the person licensed that 25 the licensee authorizes to transact the business of insurance on the licensee's behalf if, 26 as to an employee, the licensee complies with (D) of this paragraph and if the licensee 27 (A) rents to others, without operators, 28 (i) private passenger motor vehicles, including 29 passenger vans, minivans, and sport utility vehicles; or 30 (ii) cargo motor vehicles, including cargo vans, pickup 31 trucks, and trucks with a gross vehicle weight of less than 26,000
01 pounds that do not require the operator to possess a commercial driver's 02 license; 03 (B) rents motor vehicles only to persons under rental 04 agreements that do not exceed a term of 90 days; 05 (C) transacts only the following kinds of insurance: 06 (i) motor vehicle liability insurance with respect to 07 liability arising out of the use of a vehicle rented from the licensee 08 during the term of the rental agreement; 09 (ii) uninsured or underinsured motorist coverage, with 10 minimum limits described in AS 21.89.020(c) and (d) arising from 11 [OUT OF] the use of a vehicle rented from the licensee during the term 12 of the rental agreement; 13 (iii) insurance against medical, hospital, surgical, and 14 disability benefits to an injured person and funeral and death benefits to 15 dependents, beneficiaries, or personal representatives of a deceased 16 person if the insurance is issued as incidental coverage with or 17 supplemental to liability insurance and arises out of the use of a vehicle 18 rented from the licensee during the term of the rental agreement; 19 (iv) personal effects insurance, including loss of use, 20 with respect to damage to or loss of personal property of a person 21 renting the vehicle and other vehicle occupants while that property is 22 being loaded into, transported by, or unloaded from a vehicle rented 23 from the licensee during the term of the rental agreement; 24 (v) towing and roadside assistance with respect to 25 vehicles rented from the licensee during the term of the rental 26 agreement; and 27 (vi) other insurance as may be authorized by regulation 28 by the director; 29 (D) notifies the director in writing, within 30 days of 30 employment, of the name, date of birth, social security number, location of 31 employment, and home address of an employee authorized by the licensee to
01 transact insurance on the licensee's behalf; and 02 (E) provides other information as required by the director; 03 (5) nonresident limited producer license to a person; a license that the 04 director issues under this paragraph grants the same scope of authority as a limited 05 lines producer license issued to the person by the person's home state; 06 (6) credit insurance limited producer license to a person who sells 07 limited lines credit insurance; 08 (7) miscellaneous limited producer license to a person who transacts 09 insurance in this state that restricts the person's authority to less than the total authority 10 for a line of authority described in AS 21.27.115(1) - (6), (8), and (9). 11 * Sec. 10. AS 21.27.270(b) is amended to read: 12 (b) Unless the director denies or refuses to renew a license under 13 AS 21.27.410, the director shall issue a nonresident producer, limited lines, 14 independent adjuster, surplus lines broker, managing general agent, reinsurance 15 intermediary broker, or reinsurance intermediary manager license to a person who is 16 not a resident of this state if 17 (1) the person is currently licensed and is in good standing in the 18 person's home state; the director may verify the person's licensing status through the 19 producer licensing database records maintained by the National Association of 20 Insurance Commissioners or its affiliates or subsidiaries or, if an independent 21 adjuster's home state does not license independent adjusters, the independent 22 adjuster qualifies under AS 21.27.020; 23 (2) the person has paid the fees required under AS 21.06.250 and has 24 submitted to the director 25 (A) the license application the person submitted to the person's 26 home state; or 27 (B) if the person is not a firm, a completed uniform application 28 or, if a firm, the uniform business entity application; and 29 (3) the person's home state awards nonresident producer, limited lines, 30 independent adjuster, surplus lines, managing general agent, reinsurance 31 intermediary broker, and reinsurance intermediary manager licenses to residents of
01 this state on the same basis as does this state. 02 * Sec. 11. AS 21.27.420 is amended by adding a new subsection to read: 03 (d) Without prior hearing, the director may order summary suspension of a 04 license if the director finds that protection of the public requires emergency action and 05 incorporates that finding in an order. The suspension is effective on the date specified 06 in the order or on the date of mailing by first class mail to the licensee's business 07 address on record with the division, whichever is later. If the licensee requests a 08 hearing, the director shall conduct a hearing on the suspension within a reasonable 09 time but not later than 20 days after the effective date of the summary suspension 10 unless the person whose license is suspended requests a later date. At the hearing, the 11 director shall determine if the suspension should be continued or withdrawn and, if 12 proper notice is given, may determine if the license should be revoked. The director 13 shall issue a decision within 30 days after the conclusion of the hearing. If the director 14 decides to continue the suspension or revoke the license, the suspension or revocation 15 must be based on one or more grounds in AS 21.27.410. The summary suspension 16 continues until the decision is issued. AS 21.06.190 and AS 44.64.030 are not 17 applicable to a hearing under this subsection. 18 * Sec. 12. AS 21.27.630 is amended by adding a new subsection to read: 19 (m) A person who is an employee of a third-party administrator and who acts 20 within the course and scope of that employment and within the scope of the written 21 contract required under AS 21.27.650(a)(4) is not required to be registered as a third- 22 party administrator under this section. The third-party administrator is responsible for 23 the acts of its employees regulated under this title. 24 * Sec. 13. AS 21.27.900(11) is amended to read: 25 (11) "home state" means the District of Columbia or a state or territory 26 of the United States in which an insurance producer or an independent adjuster 27 maintains the producer's or adjuster's principal place of residence or principal place 28 of business and is licensed to act as an insurance producer or independent adjuster; 29 * Sec. 14. AS 21.34.020 is amended by adding a new subsection to read: 30 (c) If a policy holder meets the standards of an exempt commercial 31 policyholder under this title and regulations adopted by the director, insurance may be
01 procured from a surplus lines broker without complying with (a)(2), (3), and (4) of this 02 section. 03 * Sec. 15. AS 21.34.040(d) is amended to read: 04 (d) A nonadmitted insurer may be eligible to provide coverage in this state if it 05 files with [FURNISHES TO] the director or the director's designee a copy of its 06 current annual financial statement that has been certified by the insurer. The financial 07 statement must be [EXCEPT IN THE CASE OF AN ALIEN INSURER, THE 08 STATEMENT SHALL BE PROVIDED NOT MORE THAN SIX MONTHS AFTER 09 THE CLOSE OF THE PERIOD REPORTED UPON AND THAT IS EITHER] filed 10 with and approved by the regulatory authority in the domicile of the nonadmitted 11 insurer, or certified by an accounting or auditing firm licensed in the jurisdiction of the 12 insurer's domicile. A foreign insurer shall provide the approved or certified 13 financial statement not more than six months after the close of the reporting 14 period. An alien insurer shall provide the approved or certified financial statement 15 not more [LATER] than nine months after the close of the reporting period. In the 16 case of an insurance exchange, the statement may be an aggregate combined statement 17 of all underwriting syndicates operating during the period reported upon. 18 * Sec. 16. AS 21.34.080(a) is amended to read: 19 (a) A surplus lines broker shall execute and file with the monthly report 20 required by AS 21.34.170 a written report, which shall be kept confidential, regarding 21 each surplus lines insurance transaction occurring in the preceding calendar month. 22 The report must include 23 (1) the name and address of the insured; 24 (2) the identity of each insurer including the National Association of 25 Insurance Commissioners [GROUP AND] company [INSURER] number and the 26 percentage of coverage provided by each; 27 (3) a complete description of the subject and location of the risk; 28 (4) the amount of gross premium written [CHARGED] for the 29 insurance; and 30 (5) other information required by the director. 31 * Sec. 17. AS 21.36.110 is amended to read:
01 Sec. 21.36.110. Exceptions to discrimination and rebates. Nothing in 02 AS 21.36.090, [AND] 21.36.100, and AS 21.54.100 may be construed as including 03 within the definition of discrimination or rebates any of the following practices: 04 (1) in the case of a contract of life insurance or life annuity, paying 05 bonuses to policyholders or otherwise abating their premiums in whole or in part out 06 of surplus accumulated from nonparticipating insurance, if the bonuses [,] or 07 abatement of premiums are fair and equitable to policyholders and for the best 08 interests of the insurer; 09 (2) in the case of a life insurance policy [POLICIES] issued on [THE] 10 industrial debit, preauthorized check, bank draft, or similar plans, making allowance to 11 policyholders who have [CONTINUOUSLY FOR A SPECIFIED PERIOD] made 12 premium payments directly to an office of the insurer or by preauthorized debit, 13 check, bank draft, or similar plan, in an amount that fairly represents the saving in 14 collection expense; 15 (3) readjustment of the rate of premium for a group insurance policy 16 based on the loss or expense experience thereunder, at the end of the first or a 17 subsequent policy year of insurance thereunder, which may be made retroactive only 18 for that policy year; 19 (4) issuance of life or health insurance policies or annuity contracts at 20 rates less than the usual rates of premiums for the policies or contracts, or modification 21 of premium or rate based on amount of insurance; but the issuance or modification 22 may [SHALL] not result in reduction in premium or rate in excess of savings in 23 administration and issuance expenses reasonably attributable to the policies or 24 contracts; 25 (5) a reward under a wellness program established under a health 26 care plan that favors an individual if the wellness program meets the following 27 requirements: 28 (A) the wellness program is reasonably designed to promote 29 health or prevent disease; 30 (B) an individual has an opportunity to qualify for the 31 reward at least once a year;
01 (C) the reward is available for all similarly situated 02 individuals; 03 (D) the wellness program has alternative standards for 04 individuals who are unable to obtain the reward because of a health 05 factor; 06 (E) alternate standards are available for an individual who 07 is unable to participate in a reward program because of a health 08 condition; 09 (F) the insurer provides information explaining the 10 standard for achieving the reward and discloses the alternate standards; 11 and 12 (G) the total rewards for all wellness programs under the 13 health insurance policy do not exceed 20 percent of the cost of coverage. 14 * Sec. 18. AS 21.36.355(a) is amended to read: 15 (a) A person who has a conviction for a felony involving dishonesty or a 16 breach of trust may not engage or participate in the business of insurance without 17 receiving prior written consent by the director or by the insurance regulatory 18 official of the person's home state as required under 18 U.S.C. 1033 and 1034 19 (Violent Crime Control and Law Enforcement Act of 1994). 20 * Sec. 19. AS 21.42.120(d) is amended to read: 21 (d) The director may, by order, require that a form or document be filed for 22 informational purposes or may exempt a form or document from the requirements 23 of this section for a time determined by the director when, [AN INSURANCE 24 DOCUMENT OR FORM OR TYPE THEREOF AS SPECIFIED IN THE ORDER, 25 TO WHICH,] in the opinion of the director, this section may not practicably be 26 applied, or the filing or [AND] approval of the form or document is [WHICH ARE], 27 in the opinion of the director, not desirable or necessary for the protection of the 28 public. [THE DIRECTOR SHALL, BY JULY 1, 2002, ADOPT REGULATIONS 29 CONSISTENT WITH THE NATIONAL ASSOCIATION OF INSURANCE 30 COMMISSIONERS PROPERTY AND CASUALTY MODEL RATE AND POLICY 31 FORM ACT AUTHORIZING A POLICY OF COMMERCIAL INSURANCE TO BE
01 FILED ON OR BEFORE THE DATE OF USE AND TO BE NOT SUBJECT TO 02 THE PRIOR APPROVAL OF THE DIRECTOR.] 03 * Sec. 20. AS 21.42.160(d) is amended to read: 04 (d) Each policy and annuity contract issued by an [A DOMESTIC] insurer, 05 and the forms thereof filed with the director, must have printed on them an appropriate 06 designating letter or figure, or combination of letters or figures, or terms identifying 07 the respective forms of policies or contracts, together with the year of adoption of the 08 form. When a change is made in the form, the designating letters, figures, or terms and 09 year of adoption must [SHALL] be correspondingly changed. 10 * Sec. 21. AS 21.42.385(b) is amended to read: 11 (b) The minimum coverage required under (a) of this section [MAY] 12 (1) may be provided under contract with another health care insurer; 13 [AND] 14 (2) may not be less than the dental, vision, and hearing coverage 15 provided on July 1, 2009 [JANUARY 1, 1992], to an individual entitled to medical 16 benefits under AS 39.35.535 (public employees' retirement system of Alaska); and 17 (3) shall be adjusted by the director on July 1, 2012, and every 18 three years thereafter to correspond to changes in coverage provided to 19 individuals entitled to medical benefits under AS 39.35.535. 20 * Sec. 22. AS 21.55.100(b) is amended to read: 21 (b) The association may [SHALL] make available to residents who are high 22 risks, eligible for and covered by Medicare, 65 years of age or older, and eligible 23 under this chapter [AT LEAST] one or more Medicare supplement plans [PLAN] 24 that meet [MEETS] the minimum policy standards and minimum benefit standards 25 established by regulations adopted by the director under AS 21.89.060. 26 * Sec. 23. AS 21.55.500(19) is repealed and reenacted to read: 27 (19) "resident" means 28 (A) except for a federally defined eligible individual or TAA 29 eligible individual, an individual who meets the eligibility requirements in 30 AS 43.23.005; or 31 (B) for a federally defined eligible individual or TAA eligible
01 individual, an individual who is legally domiciled in this state. 02 * Sec. 24. AS 21.78.010(b) is amended to read: 03 (b) Except as provided under AS 21.24, delinquency [DELINQUENCY] 04 proceedings under this chapter constitute the sole and exclusive method of liquidating, 05 rehabilitating, reorganizing, or conserving an insurer, and a court may not entertain a 06 petition for the commencement of the proceedings unless it has been filed in the name 07 of the state on the relation of the director. 08 * Sec. 25. AS 21.84.465(b) is amended to read: 09 (b) A society transacting business in this state shall annually, [ON OR] before 10 March 2, unless the time has been extended by the director for cause shown, file with 11 the director a true statement of the society's financial conditions, transactions, and 12 affairs for the preceding calendar year and pay the applicable fee under AS 21.06.250. 13 The statement shall be in the general form and content approved by the National 14 Association of Insurance Commissioners for fraternal benefit societies and 15 supplemented by additional information required by the director. 16 * Sec. 26. AS 21.85.100 is amended to read: 17 Sec. 21.85.100. Applicability of other provisions. In addition to the 18 provisions contained or referred to in this chapter, the following chapters and 19 provisions of this title also apply with respect to self-funded multiple employer 20 welfare arrangements to the extent applicable and not in conflict with the express 21 provisions of this chapter and the reasonable implications of the express provisions, 22 and, for the purposes of the application, the arrangements shall be considered to be a 23 mutual insurer: 24 (1) AS 21.03; 25 (2) AS 21.06; 26 (3) AS 21.07; 27 (4) AS 21.09.100, 21.09.120, 21.09.130, 21.09.140 - 21.09.200, 28 21.09.210, 21.09.245 - 21.09.270, 21.09.300, and 21.09.320; 29 (5) AS 21.18.010 - 21.18.050, 21.18.080 - 21.18.086, and 21.18.100; 30 (6) AS 21.24; 31 (7) AS 21.33;
01 (8) [(7)] AS 21.36; 02 (9) [(8)] AS 21.42.120, 21.42.130, 21.42.345 - 21.42.365, and 03 21.42.375 - 21.42.500; 04 (10) [(9)] AS 21.48; 05 (11) [(10)] AS 21.54; 06 (12) [(11)] AS 21.55; 07 (13) [(12)] AS 21.56; 08 (14) [(13)] AS 21.78; 09 (15) [(14)] AS 21.89.060; 10 (16) [(15)] AS 21.90. 11 * Sec. 27. AS 21.87.180 is amended by adding a new subsection to read: 12 (e) A filing under this section is open to public inspection after the date the 13 filing becomes effective. 14 * Sec. 28. AS 21.87.340 is amended to read: 15 Sec. 21.87.340. Other provisions applicable. In addition to the provisions 16 contained or referred to previously in this chapter, the following chapters and 17 provisions of this title also apply with respect to service corporations to the extent 18 applicable and not in conflict with the express provisions of this chapter and the 19 reasonable implications of the express provisions, and, for the purposes of the 20 application, the corporations shall be considered to be mutual "insurers": 21 (1) AS 21.03; 22 (2) AS 21.06; 23 (3) AS 21.07; 24 (4) AS 21.09, except AS 21.09.090; 25 (5) AS 21.18.010; 26 (6) AS 21.18.030; 27 (7) AS 21.18.040; 28 (8) AS 21.18.080 - 21.18.086; 29 (9) AS 21.36; 30 (10) AS 21.42.110, 21.42.345 - 21.42.365, [AS 21.42.345 - 21.42.365] 31 and 21.42.375 - 21.42.395;
01 (11) AS 21.51.120 and 21.51.400; 02 (12) AS 21.53; 03 (13) AS 21.54; 04 (14) AS 21.56; 05 (15) AS 21.69.400; 06 (16) AS 21.69.520; 07 (17) AS 21.69.600, 21.69.620, and 21.69.630; 08 (18) AS 21.78; 09 (19) AS 21.89.060; 10 (20) AS 21.90. 11 * Sec. 29. AS 21.90.900 is amended by adding a new paragraph to read: 12 (46) "working day" means a calendar day other than Saturday, Sunday, 13 an official federal holiday, or an official holiday of this state. 14 * Sec. 30. AS 44.64.030(a)(17) is amended to read: 15 (17) AS 21.09, AS 21.22.190, AS 21.27, except under 16 AS 21.27.420(d), AS 21.34, AS 21.36, AS 21.69, AS 21.86.200, AS 21.87, and 17 AS 21.89 (insurance); 18 * Sec. 31. AS 21.07.250(19); AS 21.27.410(a)(10), 21.27.410(a)(11), 21.27.410(a)(12); and 19 AS 21.55.220(b) are repealed. 20 * Sec. 32. This Act takes effect July 1, 2009.