Alaska Statutes
Alaska Stat. § 21.80.010 (2026)
Purposes
✓ current as of July 2026
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Sec. 21.80.010. Purposes.
The purposes of this chapter are to provide a mechanism for the payment of covered claims under certain insurance policies to avoid excessive delay in payment and, to the extent provided in this chapter, to minimize financial loss to claimants or policyholders because of the insolvency of an insurer, and to provide an association to assess the cost of this protection among insurers.
The purposes of this chapter are to provide a mechanism for the payment of covered claims under certain insurance policies to avoid excessive delay in payment and, to the extent provided in this chapter, to minimize financial loss to claimants or policyholders because of the insolvency of an insurer, and to provide an association to assess the cost of this protection among insurers.
Notes of Decisions
Cited in 3
cases, 1979–1979 · leading case: Guin v. Ha, 591 P.2d 1281 (Alaska 1979).
Guin v. Ha, 591 P.2d 1281 (Alaska 1979). “AS 21.80.010. The insolvency of Manufacturers and Wholesalers Indemnity Exchange has no bearing on the resolution of the legal issue here presented since “the association [is not] obligated to a policyholder or claimant in an amount in excess of the obligation of the insolvent…”
White v. Alaska Ins. Guar. Ass'n, 592 P.2d 367 (Alaska 1979). “AS 21.80.010. The Association is a nonprofit incorporated legal entity; all persons who write any kind of direct insurance, with exceptions not relevant here, and who are licensed to transact insurance business in the State of Alaska must be members of the Association as a…”
King v. Jordan, 601 P.2d 273 (Alaska 1979). “AS 21.80.010. 6 . AS 21.80.020. 7 . AS 21.”
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