Alaska Statutes (Last Updated: January 11, 2017) |
Title 21. INSURANCE. |
Chapter 21.27. PRODUCERS, AGENTS, ADMINISTRATORS, BROKERS, ADJUSTERS, AND MANAGERS. |
Article 21.27.08. INDEPENDENT ADJUSTERS. |
Section 21.27.860. Unlicensed nonresident adjusters.
Latest version.
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(a) A nonresident independent adjuster not licensed by this state who is licensed by and in good standing with its resident state may act as an adjuster and adjust a single loss in this state during a calendar year, or may act as an adjuster and adjust losses arising out of a catastrophe as declared by the director, if, within 10 days after the start of an investigation or adjustment under this section, the nonresident independent adjuster has advised the director in writing of the adjustment and provided the following information:
(1) the individual and firm name;
(2) the business mailing address;
(3) the business physical address and phone number;
(4) the licensing state of residence;
(5) the resident license number; and
(6) other facts that the director may require.
(b) A nonresident independent adjuster may be sued upon a cause of action arising in this state arising from an adjustment under this section under the procedure provided in AS 21.33.
Notes
History
(Sec. 94 ch 67 SLA 1992)