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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) A nonresident independent adjuster not licensed by this state who is licensed by and in good standing with its resident state may act as an adjuster and adjust a single loss in this state during a calendar year, or may act as an adjuster and adjust losses arising out of a catastrophe as declared by the director, if, within 10 days after the start of an investigation or adjustment under this section, the nonresident independent adjuster has advised the director in writing of the adjustment and provided the following information:
(1) the individual and firm name;
(2) the business mailing address;
(3) the business physical address and phone number;
(4) the licensing state of residence;
(5) the resident license number; and
(6) other facts that the director may require.
(b) A nonresident independent adjuster may be sued upon a cause of action arising in this state arising from an adjustment under this section under the procedure provided in AS 21.33.
Cite this article: FindLaw.com - Alaska Statutes Title 21. Insurance § 21.27.860. Unlicensed nonresident adjusters - last updated January 01, 2025 | https://codes.findlaw.com/ak/title-21-insurance/ak-st-sect-21-27-860/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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