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- Alaska Statutes.
- Title 21. Insurance
- Chapter 39. Rates and Rating Organizations
- Section 45. Workers' Compensation Rate Filings.
previous: Section 43
. Workers' Compensation Loss Cost Filings and Assigned Risk Pool Rate Filings.
next: Section 50
. Disapproval of Filings.
AS 21.39.045. Workers' Compensation Rate Filings.
- (a) Notwithstanding any other provision of this chapter, a rate filing for workers' compensation insurance that classifies
a risk in the construction industry may not contain or impose a higher premium rate if the risk upon which the higher
rate filing is based consists only of a higher wage rate paid by the employer.
- (b) The director shall accept a rate filing for workers' compensation insurance if the filing includes a reasonable method
of recognizing differences in rates of pay for the construction industry, and the method uses a credit scale that
begins at an amount equal to the average weekly wage in this state for the construction industry as determined by the
Department of Labor and Workforce Development.
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