Legislature(2001 - 2002)
2002-05-13 Senate Journal
No results found showing results without HB%20246
Full Journal pdf2002-05-13 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.