3 AAC 26.550. Required notice

(a) A policy issued by an insurer that limits coverage as permitted under 3 AAC 26.510, 3 AAC 26.520, or 3 AAC 26.530 must include a policyholder notice regarding Alaska Rule of Civil Procedure 82.

(b) The notice required by (a) of this section must

(1) conform with the division's

(A) Attorney Fees Coverage Notice A, dated March 29, 1996, and hereby adopted by reference, for a policy with a duty to defend in addition to its limit of liability;

(B) Attorney Fees Coverage Notice B, dated March 29, 1996, and hereby adopted by reference, for a policy with a duty to defend within its limit of liability;

(C) Attorney Fees Coverage Notice C, dated March 29, 1996, and hereby adopted by reference, for an indemnity policy that covers defense costs; or

(D) Attorney Fees Coverage Notice D, dated March 29, 1996, and hereby adopted by reference, for a policy with no defense cost obligations; or

(2) be approved in writing by the director upon a determination that the proposed notice is substantially equivalent to the division's Attorney Fees Coverage Notice A, B, C, or D.

History: Eff. 7/1/96, Register 138

Authority: AS 21.06.090

Editor's note: A copy of the notices required by 3 AAC 26.550 may be obtained from the division of insurance, Department of Commerce, Community, and Economic Development, P.O. Box 110805, Juneau, Alaska 99811-0805.

As of Register 171 (October 2004), the regulations attorney made technical revisions under AS\n 44.62.125(b)(6) to reflect the name change of the Department of Community and Economic Development to the Department of Commerce, Community, and Economic Development made by ch. 47, SLA 2004 and the corresponding title change of the commissioner of community and economic development.

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