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Title 3 . Commerce, Community, and Economic Development
Chapter 31 . Miscellaneous
Section 900. Definitions

3 AAC 31.900. Definitions

In this chapter,

(1) "all lines" means both life lines and property and casualty lines;

(2) "director" means the director of the division of insurance;

(3) "division" means the division of insurance, Department of Commerce, Community, and Economic Development;

(4) "life lines" means life, health, annuities, credit life and disability, and, if qualified, variable life and variable annuities;

(5) "line of business" means, for property and casualty insurers, the lines of business used to report experience on the exhibit of premium and losses for Alaska as reported in the annual statement required by AS 21.09.200 ; for life and health insurers or hospital medical service corporations, a description of whether the policy is individual or group and whether it is categorized as life insurance, health insurance, an annuity, or long term care insurance; and for title insurers, title insurance itself;

(6) "property and casualty lines" means property, casualty, surety, marine, mortgage guaranty, and, if qualified, health insurance as defined in AS 21.12.050 .

History: Eff. 12/4/94, Register 132; am 4/20/97, Register 142

Authority: AS 21.06.090

AS 21.09.200

Editor's note: Before Register 132 (January 1995), the substance of 3 AAC 31.900 appeared in 3 AAC 31.090.

As of Register 171 (October 2004), the regulations attorney made technical revisions under AS\n 44.62.125(b)(6) to reflect the name change of the Department of Community and Economic Development to the Department of Commerce, Community, and Economic Development made by ch. 47, SLA 2004 and the corresponding title change of the commissioner of community and economic development.


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Last modified 7/05/2006