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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) A person other than an insured, who in this state represents or aids a nonadmitted insurer in violation of AS 21.33.037, is subject to a civil penalty of not more than $50,000 in addition to applicable criminal penalties and other penalties prescribed in this title.
(b) In addition to any other penalty provided, a person who violates a provision of this chapter is subject to a civil penalty of not more than $10,000 for the first offense and not more than $100,000 for each succeeding violation.
(c) Repealed.
Cite this article: FindLaw.com - Alaska Statutes Title 21. Insurance § 21.33.065. Penalties - last updated January 01, 2025 | https://codes.findlaw.com/ak/title-21-insurance/ak-st-sect-21-33-065/
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