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Enrolled SB 61: Relating to claims against protection and indemnity insurance policies of vessel owners.

00Enrolled SB 61 01 Relating to claims against protection and indemnity insurance policies of vessel owners. 02 _______________ 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.