Advertising with us can place you in front of thousands of visitors a day. Learn more!
- Alaska Statutes.
- Title 21. Insurance
- Chapter 39. Rates and Rating Organizations
- Section 70. Deviations.
previous: Section 60
. Rating Organizations.
next: Section 80
. Appeal By Minority.
AS 21.39.070. Deviations.
- (a) Each member of or subscriber to a rating organization shall adhere to the filings made on its behalf by the
organization except that an insurer may make written application to the director to file a deviation, which in the case
of casualty insurance may only be a uniform percentage deviation, from the class rates, schedules, rating plans, or
rules respecting a kind of insurance, or class of risk within a kind of insurance, or combination thereof. The
application must specify the basis for the modification and a copy shall also be sent simultaneously to the rating
organization. In considering the application to file the deviation the director shall give consideration to the
available statistics and the principles for rate making as provided in AS 21.39.030
. The director shall issue an order permitting the deviation for the insurer to be filed on a finding that it is
justified and it shall become effective. The director shall issue an order denying the application on a finding that
the deviation applied for does not meet the requirements of this chapter.
- (b) [Repealed, Sec. 12 Ch 88 SLA 2005].
All content © 2008 by Touch
N' Go/Bright Solutions, Inc.
Note to HTML Version:
This version of the Alaska Statutes is current through December, 2007. The Alaska Statutes were automatically converted to HTML from a plain text format. Every effort has been made to ensure their accuracy, but this can not be guaranteed. If it is critical that the precise terms of the Alaska Statutes be known, it is recommended that more formal sources be consulted. For statutes adopted after the effective date of these statutes, see, Alaska State Legislature
If any errors are found, please e-mail Touch N' Go systems at E-mail. We
hope you find this information useful.