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Alaska Administrative Code (Last Updated: January 12, 2017) |
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Title 3. Commerce, Community, and Economic Development. |
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Part 3.1. Banking, Securities, Small Loans and Corporations. |
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Chapter 3.29. Property, Casualty, and Related Insurance. |
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Article 3.29.2. Rate and Rating Plan Filings. |
Section 3.29.515. Determining the annual aggregate premium.
Latest version.
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(a) An insurer shall calculate the annual aggregate premium threshold for qualification as an exempt commercial policyholder using filed commercial insurance manual rates or rating systems. The annual aggregate premium must include objective discounts and surcharges, but may not include discretionary or subjective discounts, surcharges, or rating plans. (b) An insurer may not include residual market premiums, premiums from unauthorized insurance, workers compensation premiums, aviation premiums, or wet marine premiums.
Authorities
21.06.090;21.39.040