(a) This chapter applies to all forms of casualty insurance, including fidelity, surety, and guaranty bonds, to all forms of fire, marine, and inland marine insurance, and to a combination of any of them, or risks or operations in this state. Inland marine insurance includes insurance defined by statute, or by interpretation of statute, or if not defined or interpreted, by ruling of the director, or as established by general custom of the business, as inland marine insurance.
Terms Used In Alaska Statutes 21.39.020
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
Statute: A law passed by a legislature.
(b) This chapter does not apply to
(1) reinsurance, other than joint reinsurance to the extent stated in Alaska Stat. § 21.39.110;(2) health insurance;(3) insurance of vessels or craft, their cargoes, marine builders’ risks, marine protection and indemnity, or other risks commonly insured under marine, as distinguished from inland marine insurance policies;(4) insurance against loss of or damage to aircraft or against liability, other than workers’ compensation and employer’s liability, arising out of the ownership, maintenance, or use of aircraft; or, to insurance of hulls of aircraft, including their accessories and equipment;(5) insurance written under Alaska Stat. Chapter 21.34, except as provided in Alaska Stat. § 21.34.030(b).
