Section 3.30.010. Finding.

Latest version.

The director finds that mandatory insurer participation in a workers' compensation insurance assigned risk pool is in the public interest and requires this participation as a condition of writing workers' compensation insurance in this state, except for those insurers that are exempt under AS 21.39.155. An insurer's participation in a workers' compensation insurance assigned risk pool shall be satisfied by receiving direct assignments from the plan administrator or by membership in a reinsurance pool that equitably apportions the experience of the assigned risk pool among its members.

Authorities

21.06.090;21.39.130;21.39.155

Notes

Reference

3 AAC 30.040

Authority
 AS 21.06.090  
AS 21.39.130  
AS 21.39.155  
History Eff. 1/1/77, Register 61; am 12/20/96, Register 140

                    
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