Section 21.06.080. General powers, duties; catastrophes.

   (a) The director shall enforce the provisions of this title, and shall execute the duties imposed by this title.
   (b) The director has the power and authority expressly conferred by or reasonably implied from the provisions of this title.
   (c) The director may conduct examinations and investigations of insurance matters, in addition to examinations and investigations expressly authorized, considered proper to determine whether any person has violated a provision of this title or to secure information useful in the lawful administration of its provisions.
   (d) If the director determines that a catastrophe has occurred in this state and in good faith believes that the governor or the President of the United States has issued or is about to issue a declaration of disaster, the director may take the action that the director considers necessary to assure that a contract of insurance already issued will be honored under the terms of the contract. Actions that the director may take include emergency orders permitting the immediate licensing of adjusters to facilitate handling of claims, permitting a licensee to open or close an office, permitting a licensee to move or remove a record as required by the existence of the catastrophe, or permitting the issuance by an insurer of checks or drafts drawn on an out-of-state bank in payment of a claim. Until a declaration of the disaster has been lifted, the director may take action to respond to a disaster without a hearing. An action taken under this subsection may not remain in effect more than six months from the date that the director determines that a catastrophe has occurred unless, after a hearing, the director determines that the action is still necessary to respond to the disaster.
   (e) The director has such additional powers and duties as may be provided by other laws of this state.

Notes

References

3 AAC 21.399

History

(Sec. 1 ch 120 SLA 1966; am Sec. 5 ch 62 SLA 1995)