Alaska Statutes
Alaska Stat. § 21.03.010 (2026)
Insurance regulated
✓ current as of July 2026
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Sec. 21.03.010. Insurance regulated.
(a) All persons transacting a business of insurance in this state, or relative to a subject resident, located or to be performed in this state, shall comply with the applicable provisions of this title.
(b) Foreign and alien insurers doing business as authorized insurers under this title are not subject to AS 10.06 (Alaska Corporations Code).
(c) A person who transacts insurance in this state, or relative to a subject resident, located, or to be performed in this state as or on behalf of a risk retention group or purchasing group formed under and in compliance with 15 U.S.C. 3901 — 3906 (Liability Risk Retention Act), shall comply with the provisions of this title not preempted by federal law.
(a) All persons transacting a business of insurance in this state, or relative to a subject resident, located or to be performed in this state, shall comply with the applicable provisions of this title.
(b) Foreign and alien insurers doing business as authorized insurers under this title are not subject to AS 10.06 (Alaska Corporations Code).
(c) A person who transacts insurance in this state, or relative to a subject resident, located, or to be performed in this state as or on behalf of a risk retention group or purchasing group formed under and in compliance with 15 U.S.C. 3901 — 3906 (Liability Risk Retention Act), shall comply with the provisions of this title not preempted by federal law.
Notes of Decisions
Cited in 4
cases (1 in the last 5 years), 1974–2022 · leading case: McDonnell v. State Farm Mut. Auto. Ins. Co., 299 P.3d 715 (Alaska 2013).
McDonnell v. State Farm Mut. Auto. Ins. Co., 299 P.3d 715 (Alaska 2013). “See AS 21.03.010(a) ("All persons transacting a business of insurance in this state .”
Jefferson v. State, 527 P.2d 37 (Alaska 1974). “, and the Insurance Code, AS 21.03.010 et seq., enacted by the legislature, no doubt were meant to operate upon a statewide basis, though nothing in those codes expressly prohibits municipal legislation in the field of commercial law or insurance law.”
Fleegel v. Est. of Boyles, 61 P.3d 1267 (Alaska 2002). “, AS 21.03.010 (requiring "[a]ll persons transacting a business of insurance in this state" to comply with the Alaska Insurance Code); AS 21.”
The Est. of Josiah Wheeler pursuant to the assignment of rights of insured Deborah Overly & Terry Summers v. Garrison Prop. & Cas. Ins. Companya subsidiary of USAA Ins. Co. (D. Alaska 2022). “But as Garrison subsequently correctly pointed out, Docket 51 at 1–2, Alaska’s insurance statutes exempt authorized out-of- state insurers from the Alaska Corporations Code.”
— Alaska Stat. § 21.03.010(a) — 1 case
McDonnell v. State Farm Mut. Auto. Ins. Co., 299 P.3d 715 (Alaska 2013). “See AS 21.03.010(a) ("All persons transacting a business of insurance in this state .”
— Alaska Stat. § 21.03.010(b) — 1 case
The Est. of Josiah Wheeler pursuant to the assignment of rights of insured Deborah Overly & Terry Summers v. Garrison Prop. & Cas. Ins. Companya subsidiary of USAA Ins. Co. (D. Alaska 2022). “But as Garrison subsequently correctly pointed out, Docket 51 at 1–2, Alaska’s insurance statutes exempt authorized out-of- state insurers from the Alaska Corporations Code.”
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