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(a) An insurer shall calculate the annual aggregate premium threshold for qualification as an exempt commercial policyholder using filed commercial insurance manual rates or rating systems. The annual aggregate premium must include objective discounts and surcharges, but may not include discretionary or subjective discounts, surcharges, or rating plans.
(b) An insurer may not include residual market premiums, premiums from unauthorized insurance, workers compensation premiums, aviation premiums, or wet marine premiums.
History: Eff. 6/11/2005, Register 174
Authority: AS 21.06.090
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Last modified 7/05/2006