reglab/housing_qa huggingface dataset:
AK Stat § 21.87.180 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 87. Hospital and Medical Service Corporations|Sec. 21.87.180. Filing and approval of agreements and contracts.

(a) A service corporation may not issue or use a basic form of service agreement or subscriber's contract, or application, identification, supplement, or endorsement to be connected with the agreement or contract, until the form has been filed with and approved by the director. This provision does not apply to riders, endorsements, or other forms of unique character designed for and used with relation to a particular subject. (b) The director shall approve the form unless disapproved on one or more of the grounds set out in (c) of this section. If not approved or disapproved by order transmitted to the filing service corporation within 30 days after the date filed, the form shall be considered to have been approved. (c) The director shall disapprove a proposed form referred to in (a) of this section, that (1) is in any respect not in compliance with or in violation of law; (2) contains an inconsistent, ambiguous, or misleading clause, or exceptions and conditions that deceptively affect the services or benefits purported to be provided for in the general terms of the agreement or contract; (3) has any indication of its provisions which is misleading; or (4) is printed or otherwise reproduced in a manner that renders a provision of the form substantially illegible. (d) In an order of disapproval the director shall state the particulars of the grounds for disapproval. (e) A filing under this section is open to public inspection after the date the filing becomes effective.
AK Stat § 21.87.190 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 87. Hospital and Medical Service Corporations|Sec. 21.87.190. Charges and rates; rating methods.

(a) Subscription rates, fees, and payments to be charged by a service corporation to or on account of its subscribers may not be excessive, inadequate, or unfairly discriminatory; and rates of payments to be made to participant providers and participant hospitals for services rendered under a subscriber's contract, shall be fair and reasonable. (b) [Repealed, § 94(a) ch 23 SLA 2011.]  (c) If the subscriber's contracts to be issued by the service corporation provide for indemnity benefits, where permitted under this chapter, the service corporation shall include in the rate, fee, or payment required of the subscriber an adequate additional charge for the indemnity benefit, and shall separately set out the amount of the additional charge in the schedule filed with the director.
AK Stat § 21.87.200 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 87. Hospital and Medical Service Corporations|Sec. 21.87.200. Reserves.

In addition to the surplus fund provided for in AS 21.87.210, each service corporation shall establish and maintain unimpaired reserves and liabilities required under AS 21.18.050.
AK Stat § 21.87.210 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 87. Hospital and Medical Service Corporations|Sec. 21.87.210. Surplus fund.

(a) Each service corporation shall set aside into a “surplus fund” an amount of money equal to not less than two percent of all sums hereafter received by it on account of subscriber's contracts, until the surplus fund amounts to not less than $50,000 if a medical service corporation or hospital service corporation, or $100,000 if a combination medical-hospital service corporation. (b) After the minimum surplus fund is established the service corporation may in like manner increase it to an amount not to exceed the total gross collections from subscribers during the immediately preceding seven months. (c) That portion of the surplus fund referred to in (a) of this section may be used by the service corporation by express appropriation by action of its board of directors solely if necessary to pay the additional health care costs and expenses under its contracts resulting from disease, epidemic or catastrophic occurrences in which numerous persons were injured in the same occurrence. (d) If the surplus fund is at any time depleted below the minimum amount required under (a) of this section, the service corporation shall replenish the fund by a resumption or continuance of allocations from subscribers' payments, as provided for original accumulation of the fund under (a) of this section, or by other reasonable means that may be approved by the director. (e) The director may adopt regulations that are necessary to assure that each service corporation maintains an adequate surplus fund.
AK Stat § 21.87.220 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 87. Hospital and Medical Service Corporations|Sec. 21.87.220. Investments.

(a) A service corporation shall invest and have invested its funds in the following investments only: (1) cash on deposit or in savings accounts in banks or trust companies in this state; (2) deposits in or shares of the savings and loan associations that are insured by an instrumentality of the United States government, and not in excess of the amount of the insurance in any one such institution; (3) public obligations, as provided under AS 21.21; (4) corporate obligations, as provided under AS 21.21; and (5) real estate for use as a home office, at a cost not exceeding 10 percent of the corporation's assets at the time of investment, unless a larger amount has been approved by the director. (b) AS 21.21 shall apply to the investments of service corporations, to the extent applicable, and for the purposes of the application a service corporation shall be considered to be an insurer. (c) The director may adopt regulations governing the extent to which the sections referred to in (b) of this section are applicable to a service corporation.
AK Stat § 21.87.230 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 87. Hospital and Medical Service Corporations|Sec. 21.87.230. Records and accounts.

(a) Every service corporation shall establish and maintain complete and accurate records and accounts covering its transactions and affairs, in accordance with common and accepted principles and practices of insurance accounting and record keeping as applied to the business of the corporation. (b) Among other records, the corporation shall establish a separate record of each claim received for benefits under a subscriber's contract, whether the claim is for service or for indemnity. The claim record must contain information reasonably necessary for the determination of (1) the identity of the claimant; (2) the nature of the claim; (3) the probable amount to be paid by the corporation on account of the claim; (4) the amounts actually paid by the corporation on account of the claim.
AK Stat § 21.87.240 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 87. Hospital and Medical Service Corporations|Sec. 21.87.240. Annual statement and fees.

(a) Each service corporation shall annually before March 2 file with the director a statement of its financial condition as at the preceding December 31. The statement must be in the form, and provide for the information relative to the corporation's affairs, that the director prescribes, consistent with this chapter. The statement shall be verified under oath by at least two of the corporation's principal administrative officers. (b) At the time of filing the statement, the corporation shall pay a fee set under AS 21.06.250.
AK Stat § 21.87.250 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 87. Hospital and Medical Service Corporations|Sec. 21.87.250. Examination.

Every service corporation shall be subject to examination by the director, with the same rights and powers and in the same manner as is provided in this title for the examination of insurers; and for the purposes thereof AS 21.06.120 - 21.06.180 shall, to the extent applicable, apply to such a corporation, which, for the purpose of the application shall be considered to be an insurer.
AK Stat § 21.87.260 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 87. Hospital and Medical Service Corporations|Sec. 21.87.260. Taxation.

Every hospital and medical service corporation doing business under this chapter shall be taxed as provided in AS 21.09.210.
AK Stat § 21.87.270 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 87. Hospital and Medical Service Corporations|Sec. 21.87.270. Joint operations.

(a) A hospital service corporation and a medical service corporation may operate under joint management for the purpose of reducing operating costs. (b) Separate records and accounts shall be kept for each corporation, and the funds and assets of one may not be commingled with those of the other; except that funds received from a joint billing to subscribers may be deposited in a common bank account for purposes of collection, if the records of each corporation at all times show the amount of the funds belonging to each and if final distribution of the funds is made to each corporation within 30 days from receipt of payment of the joint billing.
AK Stat § 21.87.280 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 87. Hospital and Medical Service Corporations|Sec. 21.87.280. Combined corporation.

(a) A service corporation may be formed as, or may by suitable amendment of its articles of incorporation become, a combined medical service and hospital service corporation. As to its medical services each combined service corporation shall fully comply with those provisions of this chapter especially applicable as to medical service corporations; and as to its hospital services the corporation shall fully comply with those provisions of this chapter especially applicable as to hospital service corporations. (b) Subject to (a) of this section, nothing in this chapter prohibits a combined service corporation from issuing subscriber's contracts providing for both medical services and hospital services.
AK Stat § 21.87.290 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 87. Hospital and Medical Service Corporations|Sec. 21.87.290. Contracts covering workers' compensation risks.

A service corporation may not issue a subscriber's contract covering, or otherwise insure, an industrial injury or illness if health care service or indemnity benefits are provided by either federal or state law, or under the Alaska Workers' Compensation Act.
AK Stat § 21.87.300 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 87. Hospital and Medical Service Corporations|Sec. 21.87.300. Annual adjustment of service payments.

(a) At least once each year each service corporation shall make a special accounting, at which time any prorated settlements for bills submitted by participant providers or hospitals for services rendered during the preceding calendar year shall be adjusted, and any deficits made up on a uniform basis as to all participants to the extent of funds available. (b) Funds of the service corporation remaining after the annual accounting, and after adequate provision for all its liabilities and reserves, and for the surplus fund required under AS 21.87.210, may be used by the corporation, upon express authorization by its board of directors, for any of the following purposes: (1) to liquidate on a uniform and pro rata basis charges for services by participant providers or participant hospitals not paid in full upon the settlement of bills in previous years; (2) to pay off any part or the whole of an outstanding contribution of working capital to the corporation, the payment to be prorated on a uniform basis among all the outstanding contributions; or (3) to reduce the rates thereafter to be charged subscribers, or to expand the services or benefits thereafter to be provided under subscription contracts.
AK Stat § 21.87.310 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 87. Hospital and Medical Service Corporations|Sec. 21.87.310. Fidelity bond.

Each service corporation shall procure and maintain in force a fidelity bond or bonds, with authorized corporate surety, covering every officer or employee entrusted with the handling of its funds, in an amount, but not less than $5,000, that may be fixed by its board of directors.
AK Stat § 21.87.330 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 87. Hospital and Medical Service Corporations|Sec. 21.87.330. Definitions.

In this chapter, (1) “health care service” means a service rendered to an individual for diagnosis, relief, or treatment of an injury, ailment, or bodily condition; (2) “hospital service corporation” means a service corporation that principally provides hospital services; (3) “medical service corporation” means a service corporation that principally provides medical or surgical services; (4) [Repealed, § 60 ch 33 SLA 2016.] (5) “participant hospital” is one that has entered into a service agreement with a service corporation; (6) “participant provider” means a provider who has entered into a service agreement with a service corporation; (7) “physician” includes also “surgeon;” (8) “provider” means a physician, dentist, osteopath, optometrist, chiropractor, certified nurse midwife, or other licensed health care practitioner; (9) “service agreement” is a contract between a service corporation and a provider or hospital under which the provider or hospital agrees to render all or part of one or more health care services to subscribers of the service corporation; (10) “service corporation” means a corporation providing all or part of one or more health care services for subscribers in exchange for periodic prepayments in identifiable amount by or as to the subscribers; (11) “subscriber's contract” is that between the service corporation and its subscriber under which all or part of one or more health care services is to be rendered to or on behalf of the subscriber by a participant provider or hospital that has entered into a service agreement with the corporation covering the services.
AK Stat § 21.87.340 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 87. Hospital and Medical Service Corporations|Sec. 21.87.340. Other provisions applicable.

In addition to the provisions contained or referred to previously in this chapter, the following chapters and provisions of this title also apply with respect to service corporations to the extent applicable and not in conflict with the express provisions of this chapter and the reasonable implications of the express provisions, and, for the purposes of the application, the corporations shall be considered to be mutual “insurers”: (1) AS 21.03; (2) AS 21.06; (3) AS 21.07; (4) AS 21.09, except AS 21.09.090; (5) AS 21.18.010; (6) AS 21.18.030; (7) AS 21.18.040; (8) AS 21.18.080 - 21.18.086; (9) AS 21.36; (10) AS 21.42.110, 21.42.345 - 21.42.395; (11) AS 21.51.120 and 21.51.400; (12) AS 21.51.405; (13) AS 21.53; (14) AS 21.54; (15) AS 21.56; (16) AS 21.69.400; (17) AS 21.69.520; (18) AS 21.69.600, 21.69.620, and 21.69.630; (19) AS 21.78; (20) AS 21.79; (21) AS 21.96.060; (22) AS 21.97.
AK Stat § 21.87.350 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 87. Hospital and Medical Service Corporations|Sec. 21.87.350. Existing certificates of authority.

A health care service contractor registered to do business in this state on July 1, 1966, is entitled to be registered under this chapter, whether or not it meets the requirements of this chapter.
AK Stat § 21.88.030 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 88. Health Care Providers Insurance|Sec. 21.88.030. Liability of a governor, officer, or employee.

A governor, officer, or employee or former governor, officer, or employee of the corporation is not liable for civil damages or a criminal fine by reason of the person's act or omission as a governor, officer, or employee of the corporation, or by reason of the act or omission of the corporation, the board of governors, officers, or employees unless (1) the person acts with actual knowledge that the person was acting outside the scope of the person's authority, (2) at the time of the act or omission the person was acting or failing to act for a purpose which the person knew was not in the best interests of the corporation, or (3) with respect to a criminal act, the person had actual knowledge or should have known the person's act was unlawful. If a claim or action is brought against a person entitled to the protection of this section, the claim or action will be defended by the state, except that the person shall reimburse the state for the cost to the state of the person's defense if the provisions of (1), (2), or (3) of this section apply to the person.
AK Stat § 21.88.095 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 88. Health Care Providers Insurance|Sec. 21.88.095. Premium tax offset.

If the company to which the assets and liabilities of the corporation are transferred does not write premiums for two consecutive years that total less than 35 percent of all premiums written in the state for physicians' medical malpractice insurance or does not write premiums for one calendar year that total less than 20 percent of all premiums written in the state for physicians' medical malpractice insurance, the company may carry forward and offset against the company's premium tax liability to the state the amount by which the aggregate claims paid on reinsurance assumed under the transfer exceeds aggregate reserves on the same business established at the date of the transfer of the assets and liabilities of the corporation.
AK Stat § 21.88.900 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 88. Health Care Providers Insurance|Sec. 21.88.900. Definition.

In this chapter, “corporation” means the Medical Indemnity Corporation of Alaska.
AK Stat § 21.96.010 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 96. Miscellaneous Provisions|Sec. 21.96.010. Settlements.

A settlement made under a motor vehicle liability insurance policy of a claim against an insured arising under that policy from an accident or other event insured against for damage to or destruction of property owned by another person may not be construed as an admission of liability by the insured, or the insurer's recognition of that liability, with respect to any other claim arising from the same accident or event. The settlement shall be inadmissable in evidence in any legal action.
AK Stat § 21.96.015 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 96. Miscellaneous Provisions|Sec. 21.96.015. Workplace safety program.

An insurer who provides workers' compensation insurance in this state shall establish and maintain a workplace safety rate reduction program, subject to the approval of the division.
AK Stat § 21.96.025 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 96. Miscellaneous Provisions|Sec. 21.96.025. Motor vehicle insurance rate reductions.

(a) An insurer shall provide an appropriate reduction in the premium charged for a personal motor vehicle liability insurance policy when the principal operator of the motor vehicle covered by the insurance policy (1) is 55 years of age or older; (2) at renewal requests the insurer to provide the reduction; (3) has had no chargeable accidents as set by established underwriting guidelines in use by the insurer or moving motor vehicle citations within three years preceding the request for the discount; (4) provides the insurer with proof satisfactory to the director that the operator has within the three years before requesting the reduction taken and successfully completed a motor vehicle accident prevention course approved by the Department of Administration under AS 28.05.035; and (5) did not take and complete the accident prevention course described in (4) of this subsection as a result of an order or sentence imposed by a court. (b) An insurer may cancel a rate reduction provided under (a) of this section if during the policy period the principal operator of the insured motor vehicle is (1) involved in an accident caused by the operator; or (2) convicted of a moving traffic violation. (c) The reduced rate provided for an operator under (a) of this section may not extend beyond three years after the last day of the operator's most recently successfully completed motor vehicle accident prevention course described in (a)(4) of this section. (d) The director shall establish by regulation the manner in which insurers inform applicants and insureds of the rate reduction available under this section. An insurer shall inform applicants and insureds as required by this subsection.
AK Stat § 21.96.030 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 96. Miscellaneous Provisions|Sec. 21.96.030. Payment.

Unless another form of payment is agreed to by the policyholder or beneficiary, an insurance company doing business in this state may not pay a judgment or settlement of a claim in this state for a loss incurred in this state with an instrument other than a negotiable bank check payable on demand and bearing even date with the date of writing or by electronic funds transfer.
AK Stat § 21.96.035 (2021)
2021 Alaska Statutes|Title 21. Insurance|Chapter 96. Miscellaneous Provisions|Sec. 21.96.035. Mandatory appraisal.

A motor vehicle or similar policy, a policy providing property coverage, or any other policy providing first party property, casualty, or inland marine coverage, issued or delivered in this state, must include an appraisal clause providing a contractual means to resolve a dispute between the insured and the insurer over the value of a covered first party loss for real property, personal property, business property, or similar risks. If the insured and the insurer fail to agree on the amount of a covered first party loss, either may make written demand upon the other to submit the dispute for appraisal. Within 10 days of the written demand, the insured and insurer must notify the other of the competent appraiser each has selected. The two appraisers will promptly choose a competent and impartial umpire. Not later than 15 days after the umpire has been chosen, unless the time period is extended by the umpire, each appraiser will separately state in writing the amount of the loss. If the appraisers submit a written report of agreement on the amount of the loss, the agreed amount will be binding upon the insured and insurer. If the appraisers fail to agree, the appraisers will promptly submit their differences to the umpire. A decision agreed to by one of the appraisers and the umpire will be binding upon the insured and insurer. All expenses and fees, not including counsel or adjuster fees, incurred because of the appraisal shall be paid as determined by the umpire. Except as specifically provided, nothing in this section is intended to or shall in any manner limit or restrict the rights of insureds or insurers or confer any rights to an insured or insurer.