Alaska Statutes (Last Updated: January 11, 2017) |
Title 21. INSURANCE. |
Chapter 21.27. PRODUCERS, AGENTS, ADMINISTRATORS, BROKERS, ADJUSTERS, AND MANAGERS. |
Article 21.27.01. LICENSING. |
Section 21.27.420. Procedure for suspending, revoking, or conditioning a license.
Latest version.
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(a) After a hearing under AS 21.06.170 - 21.06.240, if the director determines that a person has violated a provision of this title and that the person's license should be suspended or revoked, the director shall issue an order effective 10 days after the date of issuing that the license is suspended or revoked.
(b) After a hearing under AS 21.06.170 - 21.06.240, if the director determines the person has violated a provision of this title, the director may place conditions on a person's license if the director finds that the conditions will protect the public from injury or potential injury.
(c) With the consent of an applicant or licensee, the director may issue or renew a license with restrictions upon the scope of the person's license or may otherwise restrict or condition the activities of the licensee if the director determines that the person has violated the provisions of this title or to protect the public from injury or potential injury.
(d) Without prior hearing, the director may order summary suspension of a license if the director finds that protection of the public requires emergency action and incorporates that finding in an order. The suspension is effective on the date specified in the order or on the date of mailing by first class mail to the licensee's business address on record with the division, whichever is later. If the licensee requests a hearing, the director shall conduct a hearing on the suspension within a reasonable time but not later than 20 days after the effective date of the summary suspension unless the person whose license is suspended requests a later date. At the hearing, the director shall determine if the suspension should be continued or withdrawn and, if proper notice is given, may determine if the license should be revoked. The director shall issue a decision within 30 days after the conclusion of the hearing. If the director decides to continue the suspension or revoke the license, the suspension or revocation must be based on one or more grounds in AS 21.27.410. The summary suspension continues until the decision is issued. AS 21.06.190 and AS 44.64.030 are not applicable to a hearing under this subsection.
Authorities
21.06.180;21.06.190;21.27.360;44.64.030
Notes
References
AS 21.06.180 Hearings.
AS 21.06.190 Stay of action.
AS 21.27.360 Reporting and accounting for premiums and premium taxes and fees.
AS 44.64.030 Jurisdiction of the office.
History
(Sec. 1 ch 120 SLA 1966; am Sec. 23 ch 94 SLA 1980; am Sec. 27 ch 29 SLA 1987; am Sec. 89 ch 67 SLA 1992; am Sec. 44 ch 62 SLA 1995; am Sec. 10 ch 30 SLA 2009)