Alaska Statutes
Alaska Stat. § 21.78.293 (2026)
Receiver's recommendation to the court
✓ text as last checked Sept. 2026 (this copy records no edition or section history)
Find cases:
SyfertCases citing this section
AK-LEGakleg.gov
JustiaTitle on Justia
CornellLII Search
CasesGoogle Scholar
Sec. 21.78.293. Receiver's recommendation to the court.
(a) The receiver shall review all claims filed in the liquidation and shall make further investigation that the receiver considers necessary. The receiver may compound, compromise, or negotiate the amount for which a claim will be recommended to the court, unless the receiver is required by law to accept a claim as settled by a person or organization, including a guaranty association or foreign guaranty association. As soon as practicable, the receiver shall present to the court a report of the claims against the insurer, along with the receiver's recommendations. The report must include the name and address of each claimant and the amount of the claim finally recommended, if any. If the insurer has issued annuities or life insurance policies, the receiver shall report the persons to whom, according to the records of the insurer, amounts are owed as cash surrender values or other investment values, and the amounts owed.
(b) The court shall review and adopt the receiver's report on claims by approving those claims that are supported by substantial evidence and disapproving allowed claims that are not supported by substantial evidence. Claims in a report that are not disapproved by the court within a period of 120 days following submission by the receiver shall be treated by the receiver as allowed claims.
(a) The receiver shall review all claims filed in the liquidation and shall make further investigation that the receiver considers necessary. The receiver may compound, compromise, or negotiate the amount for which a claim will be recommended to the court, unless the receiver is required by law to accept a claim as settled by a person or organization, including a guaranty association or foreign guaranty association. As soon as practicable, the receiver shall present to the court a report of the claims against the insurer, along with the receiver's recommendations. The report must include the name and address of each claimant and the amount of the claim finally recommended, if any. If the insurer has issued annuities or life insurance policies, the receiver shall report the persons to whom, according to the records of the insurer, amounts are owed as cash surrender values or other investment values, and the amounts owed.
(b) The court shall review and adopt the receiver's report on claims by approving those claims that are supported by substantial evidence and disapproving allowed claims that are not supported by substantial evidence. Claims in a report that are not disapproved by the court within a period of 120 days following submission by the receiver shall be treated by the receiver as allowed claims.
Notes of Decisions
Cited in 2
cases, 1999–2003 · leading case: In re Life Ins. Co. of Alaska, 76 P.3d 366 (Alaska 2003).
In re Life Ins. Co. of Alaska, 76 P.3d 366 (Alaska 2003). “AS 21.78.293(a) provides in part: "As soon as practicable, the receiver shall present to the court a report of the claims against the insurer, along with the receiver's recommendations.”
Williams v. Wainscott, 974 P.2d 975 (Alaska 1999). “See AS 21.78.293(a). When a claim is denied, the claimant has sixty days to file an objection with the receiver.”
Alaska Stat. § 21.78.293(a): 2 cases
In re Life Ins. Co. of Alaska, 76 P.3d 366 (Alaska 2003). “AS 21.78.293(a) provides in part: "As soon as practicable, the receiver shall present to the court a report of the claims against the insurer, along with the receiver's recommendations.”
Williams v. Wainscott, 974 P.2d 975 (Alaska 1999). “See AS 21.78.293(a). When a claim is denied, the claimant has sixty days to file an objection with the receiver.”
Alaska Stat. § 21.78.293(b): 1 case
In re Life Ins. Co. of Alaska, 76 P.3d 366 (Alaska 2003). “AS 21.78.293(a) provides in part: "As soon as practicable, the receiver shall present to the court a report of the claims against the insurer, along with the receiver's recommendations.”
Annotations are extracted automatically from the opinions in the
Syfert caselaw corpus and ranked by authority, recency, and
treatment. Dots show Syfertize treatment of the citing case itself.