(a) An insurer shall pay to the division $100 for each day the insurer fails to file a report, and $1,000 for each day the insurer fails to file a plan or revised plan in conformance with the requirements of this chapter.

Terms Used In Alaska Statutes 21.14.100

  • state: means the State of Alaska unless applied to the different parts of the United States and in the latter case it includes the District of Columbia and the territories. See Alaska Statutes 01.10.060
(b) If a report, plan, or revised plan has not been filed in conformance with the requirements of this chapter, the director may, as provided

(1) under Alaska Stat. § 21.09.150, Alaska Stat. § 21.84.535, Alaska Stat. § 21.86.190, or Alaska Stat. § 21.87.110, as applicable to a particular insurer, suspend the authority of an insurer to enter into new obligations or issue a new or renewal policy of insurance in this state; or
(2) under Alaska Stat. § 21.34.070, declare a surplus lines insurer ineligible to transact business in this state.
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