Section 3 AAC 25.140 - Eligibility requirements for surplus lines insurers(a) The director will place a fo reign surplus lines insurer on the list of eligible surplus lines insurers if the insurer (1) meets the requirements of AS 21.34.040(c)(1) or (2); and (2) provides certification to the director that the insurer is authorized to write the kind of insurance in its domiciliary jurisdiction that the insurer intends to write in this state.(b) The director will approve an alien insurer's application for eli gibi lity if the alien (1) is not listed on the li st described in AS 21.34.040(c)(7); (2) meets the requirements under AS 21.34.040; (3) pays the fee required under 3 AAC 31.060(a)(8); and (4) submits on forms approved by the director (A) a completed application; (B) the appointment of the di rector to receive service of legal process; and (C) the designation of a contact person for the insurer.Eff. 6/11/2006, Register 178; am 9/4/2014, Register 211, October 2014Authority:AS 21.06.090
AS 21.34.040
AS 21.34.250