Section 21.39.150. Assigned risks.

Latest version.

Agreements may be made among insurers with respect to the equitable apportionment among them of insurance that may be afforded applicants who are in good faith entitled to the insurance but who are unable to procure the insurance through ordinary methods.  The insurers may agree among themselves on the use of reasonable rate modifications for the insurance. The agreements and rate modifications are subject to the approval of the director.

Authorities

21.27.570

Notes

References

AS 21.27.570 Operating requirements for controlling insurance producers.

History

(Sec. 1 ch 120 SLA 1966)

                    
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